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Marlboro Flex/Industrial Space For Sale
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0 Airport Blvd, Georgetown, MA

New Class A flex/industrial space in Airport Industrial Park.

Property Size5,040 SF
Lot Size18.90 Acres
Price / SF$279.56
Days on Market986

Property Features for 0 Airport Blvd

General Information

Standard status Active
Size 5,040 SF
Lot size 18.90 Acres
Property subtype INDUSTRIAL
Listing Agency: Capital Group Properties
Listed By: Brendan Carroll
Source: Moodyscre
Added: Nov 17, 2023 Changed: Jul 10 Last Checked: Jul 21 at 8:37AM

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 Capital Group Properties

Investment Insights

Based on property information with market context.

Located in Marlboro, Massachusetts, Airport Industrial Park is an 18-acre commercial and light industrial development. The development will consist of 20 commercial and light industrial buildings ranging in size from 5,000 to 20,000 square feet. Build-to-suit options are available. The property offers convenient access to Route 20 and I-495. The available space is a brand new Class A construction with a property size of 5,040 square feet.

Key Highlights

  • Brand new Class A construction.
  • Convenient access to Route 20 & I‑495.
  • Build to Suite options available.

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $145.2k $28.80
− Vacancy −$9.9k −$1.96
EGI $135.3k $26.84
− OpEx −$47.3k −$9.39
NOI $87.9k $17.45
5,040 SF · lease $28.80/SF/yr · vacancy 6.80% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $87,933 @ 7.0% cap · market cap 6.24%
Second Best
Warehouse
$930.0K
$813.7K – $1.08M (±1% cap)
NOI $65,098 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M (±1% cap)
NOI $208,856 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby
Under-served
Demand for This Use

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - New Class A flex/industrial space in Airport Industrial Park.
Where is this flex space located?
The property is located at 0 Airport Blvd Georgetown, MA.
What is the asking price?
The asking price for this property is $1,409,000.
What are key features of this property?
This property features: Brand new Class A construction.; Convenient access to Route 20 & I‑495.; Build to Suite options available.
(508) 309-8768 Call to check price and availability
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