100 SIMPLEX DRIVE, Westminster, MA 01473

Building Details

Building Size 203,000 SF More

Properties For Sale

at 100 SIMPLEX DRIVE

100 Simplex Dr Westminster, MA

Size 203,000 SF

Term Negotiable

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Listing Agency: The Stubblebine Company

Listed By: David Stubblebine · License MA #9020556 Show Phone

Source: Corfac

Added: Aug 8 Changed: Nov 12 Last Checked: Nov 12 at 5:17AM

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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 The Stubblebine Company

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This manufacturing property provides 203,000 SF of space configured for manufacturing and distribution operations. The facility includes 26' clear height and heavy power, supporting users with substantial production or storage requirements.

The property occupies a 95-acre campus with visibility from Route 2. Its scale, industrial configuration, and utility capacity establish a substantial platform for manufacturing and distribution use.

Key Highlights

• 203,000 SF manufacturing and distribution facility
• 26' clear height
• Heavy power available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$1,853,126

Suggested Prices Based on Cap Rates

Cap Rate 5%

$37,062,520 $37.1M

Cap Rate 7%

$26,473,229 $26.5M

Cap Rate 9%

$20,590,289 $20.6M

What to ask about pricing

Market Conditions

NOI Build-Up for 203,000 SF

Gross rent

$2.80M $13.80/SF

− Vacancy

−$154.1K −$0.76/SF

EGI

$2.65M $13.04/SF

− OpEx

−$794.2K −$3.91/SF

NOI

$1.85M $9.13/SF

Area

Worcester County, MA

Vacancy

5.50%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$37,062,520

Cap Rate 7%

$26,473,229

Cap Rate 9%

$20,590,289

Alternative Uses

Best Use

Warehouse

$33.79M

$29.57M – $39.42M (±1% cap)

NOI $2,365,453 @ 7.0% cap

Second Best

Industrial

$26.47M

$23.16M – $30.89M (±1% cap)

NOI $1,853,126 @ 7.0% cap

Theoretical Best

Office A

$69.32M

$60.66M – $80.88M (±1% cap)

NOI $4,852,512 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Auto Repair Shop Building Supply HVAC Service Pharmacy Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26 ft

Clear height

Yes

Heavy power

Location Intelligence

Trade Area within ½ mile

90

Businesses Nearby

Explore this area Business Placement

Demographics for 01473, MA

8,213

Population

3,469

Households

2.4

Avg Household Size

44

Median Age

41%

College-Educated

96%

High-School Grad

35.4 sq mi

ZIP Area

232

Density / Sq Mi

$101,161

Median Household Income

$61,078

Median Earnings

$1,643

Median Rent

$394,000

Median Home Value

Market

Average Price Trend$/SF for Manufacturing properties in Worcester County, MA

$119 Jul

$151 Aug

$106 Sep

$93.04 Oct

Properties on Market for Manufacturing properties in Worcester County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Manufacturing and distribution facility offering heavy power and visibility from Route 2.

Where is this manufacturing property located?

The property is located at 100 SIMPLEX DRIVE Westminster, MA.

What are key features of this property?

This property features: 203,000 SF manufacturing and distribution facility; 26' clear height; Heavy power available