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    85 Swanson Rd Boxborough, MA 1719

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    For Lease
    Contact for pricing

    Office space located near major routes and amenities.

    Type:Office
    Added:
    Aug 5, 2023
    Days on Market:
    987
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 85 Swanson Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1986

    Spaces For Lease

    at 85 Swanson Rd Contact us

    Suite: 125 $16 /Mo

    Size
    2,227 SF
    Type
    Office
    3 OfficesnConference RoomnReception
    Contact us

    Suite: 221 $30 /Mo

    Size
    118 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 249 $27 /Mo

    Size
    132 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 251 $26 /Mo

    Size
    141 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 253 $27 /Mo

    Size
    132 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 255 $25 /Mo

    Size
    145 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 257 $27 /Mo

    Size
    132 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 261 $29 /Mo

    Size
    123 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 265 $23 /Mo

    Size
    127 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 269 $23 /Mo

    Size
    127 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 270 $20 /Mo

    Size
    5,255 SF
    Type
    Office
    Private Reception Arean4 Window Office. Includes Shared Conference RoomsnHuddle RoomsnLoungenLease...
    show more
    Contact us

    Suite: 273 $28 /Mo

    Size
    127 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 276 $28 /Mo

    Size
    127 SF
    Type
    Office
    Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 277 $28 /Mo

    Size
    127 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 279 $25 /Mo

    Size
    150 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 280 $26 /Mo

    Size
    139 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 285 $26 /Mo

    Size
    139 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 287 $23 /Mo

    Size
    139 SF
    Type
    Office
    Interior Office For 1. Includes Shared Waiting AreasnConference RoomsnHuddle RoomsnLounge
    Contact us

    Suite: 298 $20 /Mo

    Size
    2,134 SF
    Type
    Office
    Private Reception Arean3 Window Office. Includes Shared Conference RoomsnHuddle RoomsnLoungenMonthly...
    show more
    Contact us

    Suite: 310 $19 /Mo

    Size
    8,413 SF
    Type
    Office
    Conference Roomn5 Private OfficesnLarge Open AreanMonthly Rent: 14947.8
    Contact us

    Suite CORE2.WS $19 /Mo

    Size
    18,854 SF
    Type
    Office
    2 Bullpensn18 Window Officesn1 Conference Roomn3 EntrancesnMonthly Rent: 33390.43
    Contact us

    Suite 282 $25 /Mo

    Size
    140 SF
    Type
    Office
    Interior office for 1. Includes shared waiting areas, conference rooms, huddle rooms,...
    show more
    Contact us

    Suite 283 $21 /Mo

    Size
    195 SF
    Type
    Office
    Interior office for 1. Includes shared waiting areas, conference rooms, huddle rooms,...
    show more
    Contact us

    Suite 135 $15 /Mo

    Size
    2,299 SF
    Type
    Office
    Reception, 1 interior office, bull pen, 5 window offices, conference room.
    Contact us

    Suite 289 $22 /Mo

    Size
    140 SF
    Type
    Office
    Interior office for 1. Includes shared waiting areas, conference rooms, huddle rooms,...
    show more
    Contact us

    Suite 320C $20 /Mo

    Size
    446 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 320H $20 /Mo

    Size
    492 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 222 $18 /Mo

    Size
    4,438 SF
    Type
    Office
    4 Window Offices, Open Area, Includes shared waiting areas, conference rooms, huddle...
    show more
    Contact us

    Suite 230 $20 /Mo

    Size
    547 SF
    Type
    Office
    Private reception area and interior office with glass sidelight at entrance, Includes...
    show more
    Contact us

    Suite 247 $22 /Mo

    Size
    144 SF
    Type
    Office
    Interior office for 1. Includes shared waiting areas, conference rooms, huddle rooms,...
    show more
    Contact us

    Suite 258 $22 /Mo

    Size
    144 SF
    Type
    Office
    Interior office for 1. Includes shared waiting areas, conference rooms, huddle rooms,...
    show more
    Contact us

    Suite 288 $20 /Mo

    Size
    654 SF
    Type
    Office
    Private reception area and window office. Includes shared conference rooms, huddle...
    show more
    Contact us

    Suite 320.WS $19 /Mo

    Size
    4,093 SF
    Type
    Office
    Reception Area, 8 Window Offices, 1 Conference Room, Open Area, Kitchen, Break Area,...
    show more
    Contact us

    Suite: 245 $22 /Mo

    Size
    145 SF
    Type
    Office
    Interior office for 1. Includes shared waiting areas, conference rooms, huddle rooms,...
    show more
    Contact us

    Suite: 296 $22 /Mo

    Size
    204 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    David Barry

    Listing agent David Barry License #GA

    Listing office Boxer Property

    Listing date Aug 5, 2023

    Source Crexi

    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 Boxer Property

    Overview

    Office Space Near I-495 Exit

    The property at 85 Swanson Road is situated just off I-495's Exit 28 on Route 111. Its location provides convenient access to Route 2, the Massachusetts Turnpike, Route 3, and I-93. A variety of amenities, including restaurants, dry cleaners, and day care facilities, are located within a three-mile radius. The Manchester-Boston Airport and Logan International Airport are both less than an hour's drive away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office properties & Spaces

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Gym & Fitness Center Hotel & Motel Skin Care Clinic Kitchen & Bath Showroom Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Audio Visual Creations — 795 Massachusetts Ave, Boxborough, MA 01719

    Location Insight

    • Map
    • Local Demand
    City
    Boxborough
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5177
    Latitude
    42.4884

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Office Building Near Route 2

      Contemporary office building with modern amenities and convenient highway access.
      80 Central St, Boxborough, MA
      View Details
    • Contact for pricing

      Available Office Space in Boxborough

      Office building for rent in Boxborough, Massachusetts.
      1300 Massachusetts Ave, Boxborough, MA
      View Details
    • Contact for pricing

      Office Space in Boxborough Business Park

      Single office available in a 40,000 SF business park.
      235 Summer Rd, Boxborough, MA 01719
      View Details
    • $14/mo

      Office Space Near I-495

      Office space for lease near major routes and amenities.
      85 Swanson Road, Boxborough, MA
      View Details
    • Contact for pricing

      Office and Restaurant Space Available

      Located off I-495, near major routes and amenities.
      85 Swanson Rd, Boxborough, MA 01719
      View Details

    FAQs

    What type of property is this?
    Office property - Office space located near major routes and amenities.
    Where is this office property located?
    The property is located at 85 Swanson Rd Boxborough, MA.
    What are key features of this property?
    This property features: Convenient highway access: I‑495, Route 2, Massachusetts Turnpike, Route 3, I‑93.; Close proximity to Manchester‑Boston Airport and Logan International Airport.; Abundance of nearby amenities including restaurants, dry cleaners, and day care.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    David Barry
    Real Estate License ID: GA
    Learn More
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    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
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