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Light Industrial Development Opportunity

3 Industrial Properties Offered at $9,900,000 in Marlborough, MA

Investment Highlights

  • Prime development opportunity in a light industrial/flex campus-like setting directly off a major commercial corridor.
  • Situated 28 miles west of Downtown Boston with hassle-free connectivity to I-495, I-290, I-90, and I-95.
  • Offering a combined footprint of approximately 90,000 SF across three buildings and seeking approval to add 85,300 SF.
  • 894-896 Boston Post Road is on a 12.3-acre site near industrial businesses and numerous retail and dining options.

Executive Summary

894-896 Boston Post Road presents a prime industrial development opportunity in Marlborough, Massachusetts. Situated on a 12.3-acre site, the light-industrial campus contains three well-maintained buildings with a combined footprint of approximately 90,000 square feet. The property sellers are seeking approval to add approximately 85,300 square feet of light industrial/flex space to the property, bringing the total square footage of the campus to approximately 121,490 square feet.

894-896 Boston Post is located along a vibrant commercial corridor near Raytheon Technologies, Cornerstone Landscape Supplies, and Big Apple Restaurant. Additional surrounding points of interest include Callahan State Park and numerous dining and retail options along Boston Post Road.

Conveniently travel to-and-from the property via hassle-free connectivity to I-495, I-290, I-90, and I-95. The city of Worcester sits 21 miles west of the property, and the heart of Downtown Boston is 28 miles to the east. 894-896 Boston Post Road is located in the large Concord/Maynard industrial submarket. Rents have grown by 6.7% over the past 12 months and easily exceed the 5.6% average annual change over the past decade.

Property Facts

Price $9,900,000
Price / SF $78.75 / SF
Cap Rate 7.78%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 125,707 SF
Total Land Area 36.90 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
896 Boston Post Rd, Marlborough, MA 01752 Industrial 89,517 SF 1990 -
896 Boston Post Rd, Marlborough, MA 01752 Industrial 13,326 SF - -
896 Boston Post Rd, Marlborough, MA 01752 Industrial 22,864 SF - -
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  • Listing ID: 27850540

  • Date on Market: 2/28/2023

  • Last Updated:

  • Address: Light Industrial Development Opportunity, Marlborough, MA

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