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Golf and Restaurant Leasehold
For Sale
Contact for pricing
Pending

218 Speen St, Natick, MA 01760

Two fully renovated 2022 tenant businesses operate on a large parcel with remaining lease terms and renewal options.

Property Size11,250 SF
Lot Size32.10 Acres
Days on Market122

Property Features for 218 Speen St

General Information

Standard status Pending
Size 11,250 SF
Lot size 32.10 Acres
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Year Renovated 2022
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 11 at 7:29AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This for-sale leasehold interest is improved with two tenants: KOHR Golf (including a driving range and golf center) and Ziti’s Italian Trattoria. The combined operation occupies 11,250 square feet on a 32.10-acre parcel. The building and driving range were completely renovated in 2022.

KOHR Golf has 2+ years remaining on its leases for both the driving range and golf center, with two 5-year renewal options. Ziti’s Italian Trattoria has 1+ years remaining on its lease, with two 5-year renewal options. The leasehold property includes a long-term ground lease expiring in 2028, with five 5-year renewal options, all described as having a fixed, flat rent.

The property is located at the intersection of Fairway Circle and Speen Street and benefits from visibility and frontage. It is bordered by Fairway Estates Condominiums on the west side, sits just south of a dominant trade area centered around Speen Street and major regional routes, and is surrounded by densely populated residential neighborhoods.

Key Highlights

  • Leasehold interest at 218 Speen Street, Natick, MA with two tenant operations: KOHR Golf (Driving Range and Golf Center) and Ziti’s Italian Trattoria
  • Total 11,250 SF improved space on a large 32.10‑acre parcel
  • KOHR Golf has 2+ years remaining on its leases with two 5‑year renewal options (Driving Range and Golf Center)

Property Analytics

Current Use

Ziti's Italian Trattoria Restaurant Cool Clubs Boston (Bike/Boat/Book/etc) Store KOHR Golf Center Golf Course Hope Notaro Counselor

Suggested Use

Top Pick Electrical Service HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Home Appliance Store

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 01760, MA

36,659
Population
15,838
Households
2.3
Avg Household Size
42
Median Age
69%
College-Educated
98%
High-School Grad
14.8 sq mi
ZIP Area
2,477
Density / Sq Mi
$134,644
Median Household Income
$77,632
Median Earnings
$2,061
Median Rent
$740,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Golf course & driving range - Two fully renovated 2022 tenant businesses operate on a large parcel with remaining lease terms and renewal options.
Where is this golf course & driving range located?
The property is located at 218 Speen St Natick, MA.
What are key features of this property?
This property features: Leasehold interest at 218 Speen Street, Natick, MA with two tenant operations: KOHR Golf (Driving Range and Golf Center) and Ziti’s Italian Trattoria; Total 11,250 SF improved space on a large 32.10‑acre parcel; KOHR Golf has 2+ years remaining on its leases with two 5‑year renewal options (Driving Range and Golf Center)
More about this property
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