Office Unit with Full
8 Hollis St #A5, Groton, MA 01450
For Sale
Contact for pricing
Office unit with a full bathroom and shower stall for professional office use.
Property Size2,831 SF
Price / SF$0.25
Days on Market57
Property Features for 8 Hollis St #A5
General Information
Standard status
Size
Amenities
full bathroom
shower stall
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 6:00AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit A5 at 8 Hollis St in Groton provides 208 square feet of office space with a full bathroom and shower stall. The configuration is suited to business and professional office activity, while other uses may require a special permit based on the specific operation.
The property is positioned on a highly traveled roadway with more than 20,000 vehicles passing each day. Heat and electricity arrangements vary by unit and are negotiable. The property is also associated with Groton’s Destination Location initiative.
The property is positioned on a highly traveled roadway with more than 20,000 vehicles passing each day. Heat and electricity arrangements vary by unit and are negotiable. The property is also associated with Groton’s Destination Location initiative.
Key Highlights
- 208 Sqft office unit
- Full bathroom with shower stall
- More than 20,000 vehicles passing each day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,829
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,580
$1.8M
Cap Rate 7%
$1,283,271
$1.3M
Cap Rate 9%
$998,100
$998.1K
Market Conditions
NOI Build-Up for 2,831 SF
Gross rent
$153.6K $54.24/SF
− Vacancy
−$33.8K −$11.93/SF
EGI
$119.8K $42.31/SF
− OpEx
−$29.9K −$10.58/SF
NOI
$89.8K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,796,580
Cap Rate 7%
$1,283,271
Cap Rate 9%
$998,100
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.50M
NOI $89,829 @ 7.0% cap · market cap 12,832.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,316 @ 7.0% cap · market cap 16,759.43%
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 - Office unit with a full bathroom and shower stall for professional office use.
Where is this office unit located?
The property is located at 8 Hollis St #A5 Groton, MA.
What are key features of this property?
This property features: 208 Sqft office unit; Full bathroom with shower stall; More than 20,000 vehicles passing each day
