Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    43 Apex Dr Marlboro, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail opportunity within a vibrant mixed-use entertainment complex.

    Type:RETAIL
    Property size:
    5,000 SF
    Lot size:
    44.92 Acres
    Added:
    Feb 21, 2025
    Days on Market:
    433
    Last Refresh:
    Apr 5 at 9:58 pm

    Property Features for 43 Apex Dr

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    44.92 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 43 Apex Dr Contact us

    We can help!

    Listing Contact
    Dusty Burke
    Dusty Burke

    Listing agent Dusty Burke

    Listing office American Commercial Real Estate

    Listing date Feb 21, 2025

    Source Moodyscre

    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 American Commercial Real Estate

    Overview

    Retail Space in Apex Center

    This 5,000 square foot retail space is located within the Apex Center of New England, a 475,000 square foot campus comprising 11 buildings. The center features two hotels, retail stores, service providers, and restaurants. Entertainment options include an arcade, bowling alley, trampoline park, go-karts, Planet Fitness, and sports simulators. Dining options such as 110 Grill, Evviva Trattoria, Starbucks and Qdoba are located nearby. The property benefits from high visibility on Route 20 at I-495 Exit 24.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Marlboro
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9912
    Latitude
    42.7251

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Marlborough Retail Space Available

      3,000 SF retail space in a mixed-use development.
      57 Main St, Marlboro, MA
      View Details
    • Contact for pricing

      Marlboro Office Space Available

      30000 sqft office space for rent in Marlboro.
      50 Forest St, Marlboro, MA
      View Details
    • Contact for pricing

      Marlborough Hills Build-to-Suit Opportunity

      160,000-200,000 SF build-to-suit opportunity near Cambridge and Boston.
      200 Forest St, Marlboro, MA
      View Details
    • Contact for pricing

      Marlborough Mixed-Use Development Retail Space

      Available 5,727 SF retail space in mixed-use development.
      303 Lincoln St, Marlboro, MA
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      700 SF retail space with drive-thru in Marlboro, MA.
      234 E Main St, Marlboro, MA
      View Details
    • Contact for pricing

      Premium Office Space Available

      Class A office space in a master-planned business park.
      62 Forest St, Marlboro, MA
      View Details
    • Contact for pricing

      Proposed Industrial Warehouse on Elm

      Proposed 203,254 SF industrial warehouse, delivering Q4 2026.
      401 Elm St, Marlboro, MA
      View Details
    • Contact for pricing

      Retail Space in Post Road Plaza

      Retail leasing opportunity in a vibrant Marlborough location.
      222 E Main St, Marlboro, MA 01752
      View Details
    • Contact for pricing

      Marlborough Professional Suites Available

      Professional suites for rent in a desirable Marlborough location.
      74 Main St, Marlboro, MA
      View Details
    • Contact for pricing

      Medical Building Near Major Routes

      First-class medical building with on-site management, convenient location.
      320 Bolton St, Marlboro, MA 01752
      View Details
    • Contact for pricing

      Marlborough Technology Center Flex Space

      Class-A flex space in Marlborough Technology Center for lease.
      257 Simarano Dr, Marlboro, MA 01752
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail opportunity within a vibrant mixed-use entertainment complex.
    Where is this shopping center located?
    The property is located at 43 Apex Dr Marlboro, MA.
    What are key features of this property?
    This property features: Part of the expansive 475,000 SF Apex Center of New England campus.; Located with 2 hotels, retail stores, service providers and 6 restaurants for ultimate convenience.; Entertainment options include arcade, bowling, trampoline, go‑karts, and more.
    (508) 735-6378 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dusty Burke
    Dusty Burke
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!