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Strip Retail and Office Building
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150 Westford, Tyngsborough, MA 01879

Seven lease spaces available in a strip retail/office building with modified gross terms and escalating payments.

Property Size5,300 SF
Price / SF$0.00
Days on Market352

Property Features for 150 Westford

General Information

Standard status Active
Size 5,300 SF
Property subtype Commercial
Zoning B3
Lease Type Modified Gross

Additional Details

Office Units 7

Taxes and HOA fees

Annual Taxes $34,516

Building Details

Building Size 5,300 SF
Year Built 1984
Listing Agency: Gibson CRE
Listed By: Albert Bouchie · License #9522540
Source: Churchillprop
Added: Nov 11, 2025 Changed: Oct 26 Last Checked: Oct 28 at 5:59AM

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 Gibson CRE

Rey
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Investment Insights

Based on property information with market context.

Seven spaces are available for lease in a strip retail/office building at 150 Westford Road, Tyngsborough, MA. The offering includes modified gross leases with escalations over the base year, designed to provide cost-control while keeping operating expenses structured.

Six of the available spaces are office suites, including four offices at 625 sq. ft., two offices at 1,250 sq. ft., and one office at 300 sq. ft.

The building is described as well-maintained, with a professional setting suited for businesses seeking flexible office space within a mixed retail/office environment.

Key Highlights

  • Strip retail/office building at 150 Westford Road, Tyngsborough, MA with 7 spaces available for lease
  • Modified gross lease structure with escalations over the base year
  • Four 625 SF office spaces available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$168,171
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,363,420 $3.4M
Cap Rate 7%
$2,402,443 $2.4M
Cap Rate 9%
$1,868,567 $1.9M
Market Conditions
NOI Build-Up for 5,300 SF
Gross rent
$287.5K $54.24/SF
− Vacancy
−$63.2K −$11.93/SF
EGI
$224.2K $42.31/SF
− OpEx
−$56.1K −$10.58/SF
NOI
$168.2K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,363,420
Cap Rate 7%
$2,402,443
Cap Rate 9%
$1,868,567

Alternative Uses

Best Use
Office B
$2.40M
$2.10M – $2.80M (±1% cap)
NOI $168,171 @ 7.0% cap · market cap 1,051,068.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.14M
$2.75M – $3.66M (±1% cap)
NOI $219,631 @ 7.0% cap · market cap 1,372,693.75%
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

Tiger An's Taekwondo Training Center Clear Cosmetic Clinic Skin Care Clinic Pretty Nail Salons Nail Salon Tyngsboro Dental Care Dental Office Feng Shui Kitchen Restaurant

Suggested Use

Top Pick Law Firm Auto Repair Shop Dental Office Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) 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

7
Office units

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 01879, MA

12,368
Population
4,374
Households
2.8
Avg Household Size
43
Median Age
50%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
736
Density / Sq Mi
$144,167
Median Household Income
$65,722
Median Earnings
$1,863
Median Rent
$533,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - Seven lease spaces available in a strip retail/office building with modified gross terms and escalating payments.
Where is this office unit located?
The property is located at 150 Westford Tyngsborough, MA.
What are key features of this property?
This property features: Strip retail/office building at 150 Westford Road, Tyngsborough, MA with 7 spaces available for lease; Modified gross lease structure with escalations over the base year; Four 625 SF office spaces available
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Includes: Price & PSF · Cap rate · Location · Zoning

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