New Light Industrial Building
88 Airport Boulevard #7 Marlborough, MA 01752
For Sale
$1,349,000
5,040 sq.ft. light industrial building in Airport Industrial Park.
Property Size5,040 SF
Lot Size0.69 Acres
Price / SF$267.66
Days on Market97
Property Features for 88 Airport Boulevard #7
General Information
Standard status
Active
Size
5,040 SF
Lot size
0.69 Acres
Property subtype
Commercial
Building Details
Year Built
2022
Listing Agency:
Berkshire Realty Group, LLC
(508) 229-1824
Listed By:
James Vazza
(508) 229-1824
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 30 at 2:52AM
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 Berkshire Realty Group, LLC
Investment Insights
Based on property information with market context.
A new 5,040 sq.ft. light industrial building is available for delivery. The building includes a drive-in door and is situated on Lot 7, a 30,000-sf lot within the new Airport Industrial Park. This A-20 Lot commercial light industrial building development is located near Route 20 off Farm Road, close to the Framingham and Sudbury Line in Marlborough. It is suitable for light manufacturing, distribution, office, and contractor uses, as well as other commercial applications.
Key Highlights
- New, ready for delivery 5,040 sq.ft. light industrial building
- Located in the new Airport Industrial Park
- 30,000‑sf. lot (Lot 7)
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.0k | $16.08 |
| − Vacancy | −$4.5k | −$0.88 |
| EGI | $76.6k | $15.20 |
| − OpEx | −$23.0k | −$4.56 |
| NOI | $53.6k | $10.64 |
5,040 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$765.9K
$670.1K – $893.5K
NOI $53,610 @ 7.0% cap · market cap 3.97%
Second Best
Flex RnD
$357.1K
$312.4K – $416.6K
NOI $24,995 @ 7.0% cap · market cap 1.85%
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M
NOI $208,856 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 - 5,040 sq.ft. light industrial building in Airport Industrial Park.
Where is this flex space located?
The property is located at 88 Airport Boulevard #7 Marlborough, MA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: New, ready for delivery **5,040 sq.ft. light industrial building**; Located in the new Airport Industrial Park; 30,000‑sf. lot (Lot 7)
