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    100 Boston Rd Groton, MA 1450

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    For Lease
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    14,310 SF office building with medical/dental options available.

    Type:Office
    Property size:
    14,310 SF
    Added:
    May 10, 2023
    Days on Market:
    1074
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 100 Boston Rd

    General Information

    Standard status
    Active
    Size
    14,310 SF
    Property subtype
    Office

    Spaces For Lease

    at 100 Boston Rd Contact us

    Floor 1 Suite A $20 /Mo

    Size
    2,497 SF
    Type
    Office
    2,497 sf medical / office space for lease. Other suites also available. Elevator....
    show more
    Contact us

    Floor 3 $20 /Mo

    Size
    3,560 SF
    Type
    Office
    3rd floor former pediatrician doctor office
    Contact us

    Dental Suite C - Floor 1 $20 /Mo

    Size
    1,378 SF
    Type
    Office
    Former dentist office
    Contact us

    We can help!

    Listing Contact
    Edward Carbone

    Listing agent Edward Carbone License #9015680

    Listing office Carbone Commercial Real Estate, Inc.

    Listing date May 10, 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 Carbone Commercial Real Estate, Inc.

    Overview

    Groton Office Building For Lease

    The property at 100 Boston Road, Groton, MA, is a 14,310 square foot office building offering medical and dental office options. Vacant space is currently available. The first floor has two suites available, one with 1,378 square feet and another with 2,497 square feet. The third floor has 3,560 square feet available. Medical offices are available with exam rooms equipped with sinks, and these can be converted to standard office space. A former dental office (suite C, 1st floor) is available with rough plumbing. The property is located adjacent to a CVS, U.S. Post Office, and Middlesex Savings Bank.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paula Vaughan Physician Ashley Smith-Boutin Physician Andreas Athanasiou Pediatrician James Daly Pediatrician Susan Voute Pediatrician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5611533
    Latitude
    42.5968174

    Nearby Similar for Lease

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      Freestanding Retail Building in Groton

      Proposed 7,252 SF retail building in a prime location.
      788 Boston Rd, Groton, MA 01450
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      Retail Space in Groton Center

      Retail opportunity alongside Shaw's and Dollar Tree in Groton.
      760 Boston Rd, Groton, MA
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      Retail Space in Groton Center

      Retail space available in Groton, Massachusetts shopping center.
      768 Boston Rd, Groton, MA
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      Medical/Office Space Available For Rent

      4,000 SF medical/office space in established building.
      120 Boston Rd, Groton, MA 01450
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 14,310 SF office building with medical/dental options available.
    Where is this medical office space located?
    The property is located at 100 Boston Rd Groton, MA.
    What are key features of this property?
    This property features: Vacant office space available immediately; Medical and dental office options with existing exam rooms and plumbing; Flexible space: convertible to standard office space
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Edward Carbone
    Real Estate License ID: 9015680
    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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