190 Fountain Street Framingham, MA 06515
32,696 SF flex/industrial building in Framingham, Massachusetts.
- Added:
- May 21, 2026
- Days on Market:
- 53
- Last Refresh:
- May 27 at 8:14 am
Property Features for 190 Fountain Street
General Information
- Standard status
- Active
- Size
- 32,696 SF
- Lot size
- 1.07 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1956
Listing office Atlantic Capital Partners
Listing date May 21, 2026
Source Crexi
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 Atlantic Capital Partners
Investment Insights
Based on property information with market context.
Key Highlights
- Temperature‑controlled food processing and manufacturing facility with integrated freezer, production, and warehouse components.
- Strategic location off Route 135 with convenient access to Route 9 and Interstate 90, providing strong regional connectivity between Boston and Worcester.
- Versatile industrial asset suitable for investors or owner‑users with existing infrastructure tailored to food production, cold storage, and warehouse/distribution uses.
Local Financial Insights For Industrial
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 | $525.8k | $16.08 |
| − Vacancy | −$28.9k | −$0.88 |
| EGI | $496.8k | $15.20 |
| − OpEx | −$149.1k | −$4.56 |
| NOI | $347.8k | $10.64 |
