303 Turnpike Rd - Freestanding FOR SALE


Westborough, MA 01581
$6,950,000 USD
508-841-6212
303 Turnpike Rd, Westborough, MA for Sale
$6,950,000 USD
Freestanding - FOR SALE
1/10
null | 6.04% Cap Rate

303 Turnpike Rd
Westborough, MA 01581


OVERVIEW

Kelleher & Sadowsky Associates, Inc. is pleased to present 303 Turnpike Road, Westborough, MA for sale as a premier net-leased investment opportunity anchored by the credit tenancy of Chase Bank. The property offers investors stable and predictable cash flow with a strong net operating income (NOI) of $419,990 supported by long-term leases and institutional-grade tenancy. Situated on ±5.82 acres along the highly trafficked Route 9 corridor, the asset benefits from exceptional visibility, direct frontage on Route 9, positioning it within one of Central Massachusetts’ most established and desirable retail trade areas. The property’s strategic location is further enhanced by surrounding national retailers including Walmart, Target, Starbucks, and McDonald’s, generating substantial daily traffic and strong consumer activity. In addition, the site offers approximately ±70 parking spaces, providing outstanding convenience and accessibility. With its long-term tenancy, strong in-place income, high-profile location, and institutional-quality tenant, 303 Turnpike Road represents an exceptional opportunity for investors seeking durable cash flow and long-term asset stability in a premier suburban Boston retail corridor.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$725 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bank, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

5.82 AC

LAND SF

253,519 SF

ZONING

BUS

APN/PARCEL ID

WBOR-000025-000033

ASK ABOUT THIS PROPERTY

Chris NaffKelleher & Sadowsky Associates, Inc.More Info
508-841-6212

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Chris NaffKelleher & Sadowsky Associates, Inc.More Info
508-841-6212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.