251 Turnpike Road, Southborough, MA 01772

Building Details

Year Built

1998

Listing agent Nicholas Herz

Listing office Boston Realty Advisors Show Phone

Listing date Apr 25, 2026

Source Liongatere

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Overview

Located on 3.81 acres along Route 9 in Southborough, MA, 251 Turnpike Road features a 15,500 SF light industrial building. The property is fully leased to two tenants and is priced at a 7.5% cap rate. The anchor tenant occupies 10,500 SF and is an established dealership with 13 years of term and annual CPI rent increases. The second tenant occupies 5,000 SF and adds a complementary automotive use to the building, having invested a significant amount of capital into its space. The property has convenient access to I-495 and approximately 600 feet of frontage, with exceptional visibility. This section of Route 9 experiences an average of 50,500 vehicles per day and has signalized intersections about one mile in both directions. The underlying zoning allows for a variety of uses and the ability to expand the existing building by 35,190 SF.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Southborough

County

Worcester

State

Massachusetts

Longitude

-71.5390061

Latitude

42.2912054

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FAQs

What type of property is this?

Industrial property - 15,500 SF light industrial building on 3.81 acres.

Where is this industrial property located?

The property is located at 251 Turnpike Road Southborough, MA.

What is the asking price?

The asking price for this property is $4,800,000.

What are key features of this property?

This property features: 100% leased with long‑term, stable cash flow at a 7.5% cap rate.; Anchor tenant occupies 10,500 SF with 13 years of term and annual CPI rent increases.; Potential to expand the existing building by 35,190 SF due to favorable zoning.