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Fully Leased Office Condominium

220R Forbes Road, Braintree, MA 02184

For Sale
New
Contact for pricing

Two tenants occupy the property, with leases extending through 2035.

Property Size33,679 SF
Lot Size8.30 Acres
Days on Market6

Property Features for 220R Forbes Road

General Information

Standard status Active
Size 33,679 SF
Lot size 8.30 Acres
Property subtype Office
Occupancy 100%
Net Operating Income $931,074

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Highway Access Yes
Office Units 2

Building Details

Tenancy Multi
Listing Agency: Atlantic Retail Boston
Listed By: Justin Smith · License MA #9524556
Source: Crexi
Added: Nov 6 Changed: Nov 10 Last Checked: Nov 10 at 2:14PM

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 Retail Boston

Rey
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Investment Insights

Based on property information with market context.

This 33,679-square-foot office condominium occupies an 8.30-acre site in Braintree. The Massachusetts Department of Children & Families leases 24,103 square feet, or 72% of the property, and Cortica occupies the remaining 9,576 square feet. Both tenants have leases extending into 2035, and the property is fully leased. DCF has operated at the site since 2009.

The property is on Forbes Road near the meeting point of Interstate 93 and Route 3. It is immediately adjacent to Massport’s Braintree Park & Fly Logan Express. Massport has begun work on two multilevel garages at the facility, which are planned to include a permanent remote airport terminal.

Key Highlights

  • 33,679 SF office condominium on an 8.30‑acre site
  • Fully leased to Massachusetts Department of Children & Families and Cortica
  • DCF occupies 24,103 SF (72%); Cortica occupies 9,576 SF (28%)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Massachusetts Rehabilitation Commission Social Service Agency

Suggested Use

Top Pick Auto Parts Store Storage Facility Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic 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

2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

Demographics for 02184, MA

39,143
Population
15,032
Households
2.6
Avg Household Size
42
Median Age
47%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,836
Density / Sq Mi
$125,305
Median Household Income
$65,542
Median Earnings
$1,925
Median Rent
$623,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in Norfolk County, MA

$316 Jul
$338 Aug
$276 Sep
$206 Oct

Properties on Market for Office buildings in Norfolk County

Jul
Aug
Sep
Oct

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 building - Two tenants occupy the property, with leases extending through 2035.
Where is this office building located?
The property is located at 220R Forbes Road Braintree, MA.
What are key features of this property?
This property features: 33,679 SF office condominium on an 8.30‑acre site; Fully leased to Massachusetts Department of Children & Families and Cortica; DCF occupies 24,103 SF (72%); Cortica occupies 9,576 SF (28%)
(407) 579-0425 Call to check price and availability
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