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Office Campus with Flexible Suites
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1500 W Park Dr, Westborough, MA 01581

Flexible office suite options are available within an office campus with updated common areas and amenities.

Property Size8,032 SF
Days on Market965

Property Features for 1500 W Park Dr

General Information

Standard status Active
Size 8,032 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

cafeteria
fitness center
conference center
micro markets
food service
conservation land
outdoor seating
future bike path access
renovated lobbies
updated restrooms
updated mechanical systems
Listing Agency: Carruth Capital, LLC
Listed By: Doug Goldwait · License #9570979
Source: Moodyscre
Added: Dec 8, 2023 Changed: Jul 28 Last Checked: Jul 30 at 7:27AM

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 Carruth Capital, LLC

Investment Insights

Based on property information with market context.

This office campus offers flexible suite options designed to accommodate changing needs. Recent capital improvements include renovated lobbies and common areas, updated restrooms, updated mechanical systems, and ongoing landscaping and paving improvements, along with modernized cafeteria and fitness centers.

The property includes food service, micro markets offering snacks, drinks, and prepared foods, a conference center, and a fitness center. Outdoor amenities feature 153 acres of conservation land with outdoor seating and collaboration, and future bike path access is planned.

For tenants seeking space at a campus setting, the site provides updated core building improvements and a range of on-site amenities to support day-to-day operations.

Key Highlights

  • Westborough Office Park offers flexible office suite options
  • Carruth invested $5.5M+ in capital improvements over the past 12 months and plans $5M more over the next two years
  • Recent improvements include modernized cafeterias and fitness centers, renovated lobbies/common areas, updated restrooms, and updated mechanical systems

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Hair Salon HVAC Service Dental Office Pharmacy

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 01581, MA

21,567
Population
8,407
Households
2.6
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
20.6 sq mi
ZIP Area
1,047
Density / Sq Mi
$134,474
Median Household Income
$82,045
Median Earnings
$2,038
Median Rent
$637,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office suite options are available within an office campus with updated common areas and amenities.
Where is this office building located?
The property is located at 1500 W Park Dr Westborough, MA.
What are key features of this property?
This property features: Westborough Office Park offers flexible office suite options; Carruth invested $5.5M+ in capital improvements over the past 12 months and plans $5M more over the next two years; Recent improvements include modernized cafeterias and fitness centers, renovated lobbies/common areas, updated restrooms, and updated mechanical systems
(508) 898-3800 Call to check price and availability
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