Visible Office
8 Hollis St #A2, Groton, MA 01450
For Sale
Contact for pricing
Compact office space suited to professional services, retail, boutique shopping, or café use, subject to applicable approvals.
Property Size2,831 SF
Price / SF$0.26
Days on Market57
Property Features for 8 Hollis St #A2
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
EXIT Assurance Realty
(978) 448-6800
Listed By:
Jeff Gordon · License #456010211
(508) 864-7487
Source:
Lockandkeyre
Added: Sep 14
Changed: Nov 8
Last Checked: Nov 8 at 5:59AM
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 EXIT Assurance Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office Unit A2 provides 210 square feet within a commercial property built in 1720. The space is positioned for professional office, service establishment, boutique shopping, retail, or café use, with other activities subject to any required special permit. Heat and electricity configurations vary by unit and may be negotiated as part of the occupancy arrangement.
The property is located at 8 Hollis St in Groton, Massachusetts, with reported traffic of more than 20,000 vehicles per day. Its visible commercial setting supports a range of small-format business applications, while the unit size is suited to an efficient office or customer-facing operation.
The property is located at 8 Hollis St in Groton, Massachusetts, with reported traffic of more than 20,000 vehicles per day. Its visible commercial setting supports a range of small-format business applications, while the unit size is suited to an efficient office or customer-facing operation.
Key Highlights
- 210 SF office unit
- Property built in 1720
- More than 20,000 vehicles pass daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,689
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,780
$813.8K
Cap Rate 7%
$581,271
$581.3K
Cap Rate 9%
$452,100
$452.1K
Market Conditions
NOI Build-Up for 2,831 SF
Gross rent
$62.2K $21.96/SF
− Vacancy
−$4.0K −$1.43/SF
EGI
$58.1K $20.53/SF
− OpEx
−$17.4K −$6.16/SF
NOI
$40.7K $14.37/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,780
Cap Rate 7%
$581,271
Cap Rate 9%
$452,100
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.50M
NOI $89,829 @ 7.0% cap · market cap 11,977.20%
Second Best
Retail
$581.3K
$508.6K – $678.2K
NOI $40,689 @ 7.0% cap · market cap 5,425.20%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,316 @ 7.0% cap · market cap 15,642.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 01450, MA
11,298
Population
3,773
Households
3
Avg Household Size
43
Median Age
66%
College-Educated
96%
High-School Grad
32.8 sq mi
ZIP Area
344
Density / Sq Mi
$189,355
Median Household Income
$78,750
Median Earnings
$1,521
Median Rent
$673,500
Median Home Value
Market
Average Price Trend$/SF for Office Units in Middlesex County, MA
Properties on Market for Office Units in Middlesex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Compact office space suited to professional services, retail, boutique shopping, or café use, subject to applicable approvals.
Where is this office unit located?
The property is located at 8 Hollis St #A2 Groton, MA.
What are key features of this property?
This property features: 210 SF office unit; Property built in 1720; More than 20,000 vehicles pass daily
