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$ 5,200,000
Est. payment | /mo
15,000 SqFt
$ 5,200,000
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $346
MLS Listing ID 73385078
HOA Y/N false
Year Built 1998
Annual Tax Amount $36,148
Tax Year 2025
Property Description
We are pleased to present 251 Turnpike Road, a 3.81 acre site improved by a highly functional 15,500 SF light industrial building located along Route 9 in Southborough, MA. The property is 100% leased to two tenants, offering investors long-term, stable cash flow. The anchor tenant, occupying 10,500 SF, is an established dealership with 14-years of term and annual CPI rent increases. The second tenant has invested a significant amount of capital into its 5,000 SF and adds a complementary automotive use to building.
Location
State MA
County Worcester
Zoning BH
Direction 251 Turnpike Road Southborough 01772
Exterior
Total Parking Spaces 50
Others
Senior Community false
Listed by Boston Realty Advisors