Versatile Industrial Space in
For Lease
$12 SF/Yr
100 Prescott Street, Worcester, MA 01605
Adaptable space for manufacturing, warehouse, R&D, and office uses.
Space SizeContact for details
Property Size69,104 SF
Days on Market163
Property Features for 100 Prescott Street
General Information
Standard status
Active
Size
69,104 SF
Property subtype
Industrial/Flex/R&D
Lease Term
NNN
Building Details
Building Size
69,104 SF
Year Built
1910
Listing Agency:
NAI Glickman Kovago & Jacobs
(508) 981-6868
Listed By:
Jeffrey Borus
(508) 981-6868
Source:
Naiglobal
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 15 at 5:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Glickman Kovago & Jacobs
Investment Insights
Based on property information with market context.
This open and versatile flex space is located in the Gateway District of Worcester, near and visible from I-290. The surrounding area includes industrial, health science, office, hospitality, and a variety of small retail and commercial uses. The layout can be built out for manufacturing, assembly, warehouse, or R&D purposes, with ample office space suitable for a variety of users. All core building improvements are near finished, and the spaces are prepared for a variety of build-to-suit needs. The property features a new roof, new windows, and newly paved parking. New HVAC will be provided per tenant specifications. It includes a new passenger elevator and a freight elevator. Electrical service is new, with 3-phase 1200 AMP. The property has public water, sewer, and gas connections. A total of 8 dock overhead doors are available. Zoning is MG 2. Other modern upgrades have been implemented.
Key Highlights
- Visible location in Worcester's Gateway District, easily accessible from I‑290 and Downtown.
- Versatile layout suitable for manufacturing, warehouse, R&D, or office space with build‑to‑suit options.
- New roof, HVAC (per tenant specifications), windows, and electrical service (3 phase 1200 AMP).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,172
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01605, MA
29,218
Population
12,757
Households
2.3
Avg Household Size
35
Median Age
32%
College-Educated
87%
High-School Grad
5.7 sq mi
ZIP Area
5,126
Density / Sq Mi
$54,805
Median Household Income
$41,236
Median Earnings
$1,362
Median Rent
$349,800
Median Home Value
Market
Lease Benchmarks for Worcester, MA
$14.5 /SF/Yr
Avg Asking Price
$8–$19 /SF/Yr
Price Range
12,737 SF
Avg Space Size
This space is priced 17% below the average of $14.5 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable space for manufacturing, warehouse, R&D, and office uses.
Where is this flex space located?
The property is located at 100 Prescott Street Worcester, MA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Visible location in Worcester's Gateway District, easily accessible from I‑290 and Downtown.; Versatile layout suitable for manufacturing, warehouse, R&D, or office space with build‑to‑suit options.; New roof, HVAC (per tenant specifications), windows, and electrical service (3 phase 1200 AMP).
