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Multi-Tenant Industrial Flex Building
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200 Turnpike Rd, Chelmsford, MA 01824

Industrial/flex building with multiple tenants in place, featuring ample parking and potential for owner occupancy.

Property Size43,520 SF
Lot Size2.22 Acres
Days on Market198

Property Features for 200 Turnpike Rd

General Information

Standard status Active
Size 43,520 SF
Lot size 2.22 Acres
Property subtype FLEX_R_AND_D

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: 128 CRE
Listed By: Jeremy A. Freid · License #9089542-RE-B
Source: Moodyscre
Added: Jan 14 Changed: Jul 26 Last Checked: Jul 30 at 7:38AM

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 128 CRE

Investment Insights

Based on property information with market context.

200 Turnpike Road is a multi-tenant industrial/flex property built on 2.22 acres, improved by a 43,520-square-foot building. The property is currently generating immediate cash flow with multiple tenants in place, while offering additional upside given vacancy on the second floor and mixed lease expiration dates.

The site provides direct access to the New Hampshire, northern Boston, and Route 2 markets, and is minutes from Route 3 and I-495. Ample parking supports day-to-day operations and tenant activity.

For buyers seeking a versatile industrial/flex asset, this property allows for continued tenant income while positioning an owner to occupy all or part of the building depending on leasing and expiration timing.

Key Highlights

  • 43,520 SF multi‑tenant industrial/flex building on 2.22 acres
  • Multiple tenants in place for immediate cash flow
  • Second‑floor vacancy and mixed lease expiration dates provide owner‑user flexibility to occupy all or part

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Spa & Massage Center HVAC Service Auto Repair Shop Electrical Service Nail Salon Plumbing Service

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
Highway access

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01824, MA

26,881
Population
10,301
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$141,337
Median Household Income
$75,753
Median Earnings
$2,076
Median Rent
$590,900
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Bianco's Catering — 4 Omni Way, Chelmsford, MA 01824

Frequently Asked Questions

What type of property is this?
Flex space - Industrial/flex building with multiple tenants in place, featuring ample parking and potential for owner occupancy.
Where is this flex space located?
The property is located at 200 Turnpike Rd Chelmsford, MA.
What are key features of this property?
This property features: 43,520 SF multi‑tenant industrial/flex building on 2.22 acres; Multiple tenants in place for immediate cash flow; Second‑floor vacancy and mixed lease expiration dates provide owner‑user flexibility to occupy all or part
(617) 959-1319 Call to check price and availability
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