Modern Office/Flex
29 Bartlett Marlborough, MA 01752
29 Bartlett, Marlborough, MA, 01752
$3,000,000
For Sale
$3,000,000
Modern single-story office/flex building with a dividable conference room, skylights, and an outdoor seating area.
Property Size12,294 SF
Lot Size3.62 Acres
Price / SF$244.02
Days on Market155
Property Features for 29 Bartlett
General Information
- Standard status
- Active
- Size
- 12,294 SF
- Lot size
- 3.62 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing agency
Gordon Real Estate
Listed by
Jon Gordon
(617) 875-4950
Source
Sarkisboston
Added: Feb 16 Updated: Jul 21 at 3:09PM Checked: Jul 21 at 3:09PM
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 Gordon Real Estate
Investment Insights
Based on property information with market context.
This modern, free-standing, single-story office/flex building totals 12,294 square feet and is presented in move-in ready condition. The interior layout includes a large foyer, a dividable conference room with mounted display screens, a large open collaborative work area, and fully equipped kitchen and lunch room space, along with file/data rooms. Architectural features include high ceilings, skylights, glass walls, and decorative overhead lighting, and there is an outdoor seating area. A covered loading/delivery area is also included.
The property offers easy access to Interstates 495, 290, and 90 (Mass Pike), as well as Routes 9, 20, and 135. The site includes 38 on-site parking spaces.
The property offers easy access to Interstates 495, 290, and 90 (Mass Pike), as well as Routes 9, 20, and 135. The site includes 38 on-site parking spaces.
Key Highlights
- Modern 12,294 SF single‑story office/flex building on 3.62 acres, built in 2006
- Large foyer plus a dividable conference room with mounted display screens
- Open collaborative work area, fully equipped kitchen, lunch room, and file/data rooms
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 | $197.7k | $16.08 |
| − Vacancy | −$10.9k | −$0.88 |
| EGI | $186.8k | $15.20 |
| − OpEx | −$56.0k | −$4.56 |
| NOI | $130.8k | $10.64 |
12,294 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$5.57M
$4.88M – $6.50M
NOI $390,094 @ 7.0% cap · market cap 13.00%
Second Best
Industrial
$1.87M
$1.63M – $2.18M
NOI $130,770 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$7.28M
$6.37M – $8.49M
NOI $509,460 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Modern single-story office/flex building with a dividable conference room, skylights, and an outdoor seating area.
Where is this office building located?
The property is located at 29 Bartlett Marlborough, MA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Modern 12,294 SF single‑story office/flex building on 3.62 acres, built in 2006; Large foyer plus a dividable conference room with mounted display screens; Open collaborative work area, fully equipped kitchen, lunch room, and file/data rooms
