333 SW Cutoff - Medical FOR SALE


Northborough, MA 01532
$11,800,000 USD
508-981-7014
333 SW Cutoff, Northborough, MA for Sale
$11,800,000 USD
Medical - FOR SALE
1/7
null | 7.76% Cap Rate

333 SW Cutoff
Northborough, MA 01532


HIGHLIGHTS

  • 100% Occupancy, Multi-Tenant Investment
  • Investment-Grade Anchor Tenant (74% of NRA)
  • Built 2015 | Immaculate Condition
  • Signalized Intersection at Rt. 20 & Rt. 9
  • High Traffic Counts & Exceptional Visibility
  • Surrounded by Top-Tier National Retailers

OVERVIEW

333 SW Cutoff is a 100% occupied medical and retail investment property located at the signalized intersection of Route 20 and Route 9 in Northborough, MA. The building was constructed in 2015 and is in excellent condition. The property is anchored by UMass Memorial Health, an investment-grade tenant occupying approximately 74% of the building, offering urgent care, primary care, and ophthalmology services. Additional tenants include New England Baseball and Perfect Game, providing a diversified tenant mix. The site benefits from high traffic counts, strong demographics, and excellent visibility, and is located directly across from a major retail hub anchored by Wegmans, BJ’s Wholesale Club, Dick’s Sporting Goods, Starbucks, Marshalls, TJ Maxx, HomeSense, Michaels, and other national retailers. This offering provides investors with stable cash flow, strong healthcare tenancy, and long-term value in one of Central Massachusetts’ most established commercial corridors.

FOR SALE DETAILS

PRICE

$11,800,000 USD

PRICE/SF

$590 USD /SF

CAP RATE

7.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.41 AC

LAND SF

279,220 SF

ZONING

Commercial

APN/PARCEL ID

NBOR-001090-000000-000011

ASK ABOUT THIS PROPERTY

Todd AlexanderKelleher & Sadowsky Associates, Inc.More Info
508-981-7014

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Todd AlexanderKelleher & Sadowsky Associates, Inc.More Info
508-981-7014

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