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Medical Office Campus
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50 Technology Dr, Westminster, MA 01473

Available medical facilities offer finished interiors, a full-service cafeteria, walking paths, and access at Routes 2 and 140.

Space Size162,020 SF
Lot Size50.64 Acres
Days on Market1355

Property Features for 50 Technology Dr

General Information

Standard status Active
Size 162,020 SF
Lot size 50.64 Acres
Property subtype OFFICE

Additional Details

Space Use Medical Office
Highway Access Yes

Amenities

full-service cafeteria
campus walking paths

Spaces For Lease

at 50 Technology Dr
50 Technology Dr AVAILABLE, Now
Floor Bldg
Size 162,020 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 50 Technology Drive is a first-class medical office campus located at the interchange of Routes 2 and 140 in Westminster, MA. Recently under new ownership, the building is located on a 50.64-acre campus and features high-quality finishes, a full-service cafeteria, campus walking paths, prominent visibility, and significant expansion potential. - Owned by Waterstone Properties Group, a privately owned and self-funded real estate development company with a diverse portfolio of properties in the United States totaling more than seven million square feet of space among 53 properties—with an additional three million square feet under development. Waterstone specializes in the creation of retail shopping centers, mixed-use properties, residential, warehousing and logistics, corporate headquarters buildings and medical campuses. The company is a pioneer of large-scale, immersive, entertainment and guest-focused destination locations that attract individuals and families from across the country and applying their experience to create unique and experiential healthcare environments. With a portfolio of more than 300 national and local tenants—ranging from international category leaders to local family-owned businesses—Waterstone prides itself on maintaining long standing relationships with its business partners and being an active participant in its surrounding communities.
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Listing Agency: Colliers | Boston
Listed By: Stephen Woelfel
Source: Moodyscre
Added: Jan 30, 2023 Changed: Oct 9 Last Checked: Oct 15 at 12:05AM

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 Colliers | Boston

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Investment Insights

Based on property information with market context.

Available for lease, this medical office property comprises 162,020 square feet on a 50.64-acre campus. The facility includes finished medical office interiors, a full-service cafeteria, and walking paths designed for use throughout the campus.

The property is positioned at the interchange of Routes 2 and 140 in Westminster, Massachusetts, providing direct access to both routes. The campus address is 50 Technology Dr, Westminster, MA 01473.

Key Highlights

  • 162020 square feet of medical office space
  • 50.64‑acre campus in Westminster, MA
  • Located at the interchange of Routes 2 and 140

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Dental Office Parking Lot & Garage HVAC Service Auto Repair Shop Electrical 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby
Balanced
Demand for This Use

Demographics for 01473, MA

8,213
Population
3,469
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
96%
High-School Grad
35.4 sq mi
ZIP Area
232
Density / Sq Mi
$101,161
Median Household Income
$61,078
Median Earnings
$1,643
Median Rent
$394,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Medical Office Space - Available medical facilities offer finished interiors, a full-service cafeteria, walking paths, and access at Routes 2 and 140.
Where is this medical office space located?
The property is located at 50 Technology Dr Westminster, MA.
What are key features of this property?
This property features: 162020 square feet of medical office space; 50.64‑acre campus in Westminster, MA; Located at the interchange of Routes 2 and 140
(781) 775-2088 Call to check price and availability
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