4 Preston Ct - Office FOR SALE


Bedford, MA 01730
$5,295,000 USD
617-674-2043
4 Preston Ct, Bedford, MA for Sale
$5,295,000 USD
Office - FOR SALE
1/36
null | Request Cap Rate

4 Preston Ct
Bedford, MA 01730


HIGHLIGHTS

  • Value Add or Owner User Opportunity
  • Phenomenal Access to Skilled Employee Pool
  • Nearby Amenities Include Wholefoods, Bruegger's, CVS, Starbucks
  • 90 On-Site, Surface Parking Spaces
  • 35 Minute Drive to Boston

OVERVIEW

Rarely available in Greater Boston's most sought-after investment class, 4 Preston Court is a 24,751 +/- SF, two-story multi-tenant R&D/flex building positioned in Bedford's IND-B (I2) zoning district, adjacent to Lexington's prestigious Hartwell Avenue innovation corridor. The property is ideally configured for an owner-user seeking to occupy 50-60% of the building while retaining income from an established, diverse tenant base that includes health providers and R&D occupants. The building features flexible floor plates serviced by a 4,500 lb. capacity passenger/freight elevator, accommodating a broad range of uses including corporate office, R&D, laboratory, biotech, and light manufacturing. Bedford's I2 zoning further supports medical office and out-patient clinic uses by right, making this an exceptionally versatile asset. The location delivers immediate access to one of New England's deepest talent pools, with approximately 16,053 highly skilled professionals within a 3-mile radius. Corporate neighbors include Thermo Fisher Scientific, Stoke Therapeutics, Diversified Technologies, Cubic PV, and UCB. The property is surrounded by conservation land, is steps from the Minuteman Bikeway, and sits minutes from Hanscom Air Force Base. Direct access to Routes 2, 3, 128/I-95, and 225 ensures seamless regional connectivity. For the owner-user or investor, 4 Preston Court represents a rare opportunity to secure a flagship presence in one of Massachusetts' most resilient and in-demand industrial R&D submarkets.

FOR SALE DETAILS

PRICE

$5,295,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

I2 Zoned R&D/Medical Office

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

IND

APN/PARCEL ID

BEDF-000072-000000-000015-A000000

ASK ABOUT THIS PROPERTY

Jeremy CyrierMANSARD COMMERCIAL PROPERTIESMore Info
617-674-2043

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Jeremy CyrierMANSARD COMMERCIAL PROPERTIESMore Info
617-674-2043

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