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1 Robbins Rd
Westford, MA 01886
Nokia Corporation · Office Property For Sale
PROPERTY FACTS
About 1 Robbins Rd , Westford, MA 01886
Stan Johnson Company is pleased to exclusively offer for sale the Nokia office/R&D facility located at 1 Robbins Road in Westford, Massachusetts (the Property ). Located in an attractive office park setting in suburban Boston, the Property consists of a 298,237 SF office building situated on 36.85 acres. The Property is 100% leased to Alcatel-Lucent USA Inc. (the Tenant ), which is wholly owned by Nokia Corporation. The Tenant is operating under a net lease structure with over 5 years of lease term remaining. The Greater Boston region has experienced a rapid economic recovery with employment at its highest point in the area' s history. As a result of the area' s strong economy, the Boston Office Market has experienced significant tightening, with net absorption exceeding 1.3 million square feet during the first half of 2016. The Property is located in the highly desirable Route 495 North submarket. The 495 North market offers nearly 15 million square feet of office space and is known for its strong amenity base and large blue chip corporate tenants such as IBM, Cisco, Red Hat, and Raytheon. In Association With: Joey Odom, MA Lic #151215
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PROPERTY TAXES
Parcel Number | WFOR-000011-000089 | Improvements Assessment | $10,595,000 |
Land Assessment | $10,584,000 | Total Assessment | $21,179,000 |
PROPERTY TAXES
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Listing ID: 5182907
Date on Market: 12/15/2016
Last Updated:
Address: 1 Robbins Rd, Westford, MA 01886
The Office Property at 1 Robbins Rd, Westford, MA 01886 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.