500 Myles Standish Blvd
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500 Myles Standish Blvd
31,205 SF 83% Leased Flex Building Taunton, MA 02780 $4,600,000 ($147/SF) 6.55% Cap Rate
Investment Highlights
- Partially occupied building ideal for user or value-add investor
- Well maintained building with updated offices, showroom and roof
- Located within Myles Standish Industrial Park, a premier distribution location
Executive Summary
The Klein Group is pleased to present 500 Myles Standish Boulevard. Situated within the Myles Standish Industrial Park, this asset includes two connected buildings, offering a flexible floorplan. The facilities feature 31,000 square feet, 100% of which is on the ground level. The largest tenant is vacating the property in late 2024, providing an immediate opportunity to secure a top of market rent. With ample parking, three loading docks and two oversized drive-in doors, this is an ideal facility for any flex use. With minor modifications this facility can also be converted for small-bay use, easily subdividing into 5,000-7,500 SF bays. This location provides immediate access to Interstate 495, with Route 24 and Interstate 95 both less than ten miles away.
Property Facts
| Price | $4,600,000 | Rentable Building Area | 31,205 SF |
| Price Per SF | $147 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1985/1999 |
| Cap Rate | 6.55% | Parking Ratio | 2.18/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 19’ |
| Property Subtype | Light Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 2.50 AC |
| Price | $4,600,000 |
| Price Per SF | $147 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.55% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 2.50 AC |
| Rentable Building Area | 31,205 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/1999 |
| Parking Ratio | 2.18/1,000 SF |
| Clear Ceiling Height | 19’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- 24 Hour Access
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 5,200 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,200 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 5,200 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | TAUN-000013-000004 | Improvements Assessment | $2,455,200 |
| Land Assessment | $858,000 | Total Assessment | $3,313,200 |
PROPERTY TAXES
Parcel Number
TAUN-000013-000004
Land Assessment
$858,000
Improvements Assessment
$2,455,200
Total Assessment
$3,313,200
zoning
| Zoning Code | I (Industrial) |
| I (Industrial) |
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500 Myles Standish Blvd
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