Flex Space with Drive-In
55 Maple St, Marlborough, MA 01752
For Sale
Contact for pricing
Flex space offers drive-in access and an NNN lease structure.
Property Size10,000 SF
Price / SF$0.00
Days on Market57
Property Features for 55 Maple St
General Information
Standard status
Size
Additional Details
Drive-In Doors
Building Details
Year Built
Listing Agency:
Greater Boston Commercial Properties, Inc.
Listed By:
Bret O'Brien · License MA #8994
(508) 925-7477
Source:
Lockandkeyre
Added: Sep 15
Changed: Nov 10
Last Checked: Nov 10 at 7:51AM
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 Greater Boston Commercial Properties, Inc.
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Investment Insights
Based on property information with market context.
This 10,000-square-foot flex property was constructed in 1961 and includes two drive-in doors for direct vehicle access. The building is located at 55 Maple St in Marlborough, Massachusetts 01752 and is offered with an NNN lease structure.
Key Highlights
- 10,000 Sq. Ft. flex space
- Two drive in doors
- Constructed in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,592
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,840
$991.8K
Cap Rate 7%
$708,457
$708.5K
Cap Rate 9%
$551,022
$551.0K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$81.6K $8.16/SF
− Vacancy
−$5.3K −$0.53/SF
EGI
$76.3K $7.63/SF
− OpEx
−$26.7K −$2.67/SF
NOI
$49.6K $4.96/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,840
Cap Rate 7%
$708,457
Cap Rate 9%
$551,022
Alternative Uses
Best Use
Warehouse
$1.86M
$1.63M – $2.18M
NOI $130,529 @ 7.0% cap
Second Best
Industrial
$1.53M
$1.34M – $1.78M
NOI $106,932 @ 7.0% cap
Theoretical Best
Office A
$5.92M
$5.18M – $6.91M
NOI $414,397 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,268
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01752, MA
41,793
Population
17,370
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
2,000
Density / Sq Mi
$95,047
Median Household Income
$49,012
Median Earnings
$1,721
Median Rent
$485,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Middlesex County, MA
Properties on Market for Flex space in Middlesex County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Thairiffic — 128 Main St, Marlborough, MA 01752
- The Buffet Way — 31 Curtis Ave, Marlborough, MA 01752
Frequently Asked Questions
What type of property is this?
Flex space - Flex space offers drive-in access and an NNN lease structure.
Where is this flex space located?
The property is located at 55 Maple St Marlborough, MA.
What are key features of this property?
This property features: 10,000 Sq. Ft. flex space; Two drive in doors; Constructed in 1961
