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    1 Technology Dr Westborough, MA 01581

    Sponsored
    For Lease
    Contact for pricing

    Class A Office Space For Lease

    Lot size:
    58,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    One Technology Drive in Westborough, MA offers exceptional Class A executive office space for lease. This three-story building, totaling 58,000 square feet, underwent a complete renovation in 2022, boasting modern amenities and a prime location. Multiple tenancy options are available, with spaces ranging from a minimum of 2,469 square feet to a maximum contiguous space of 11,809 square feet. Currently, there are 34,262 square feet of vacant, immediately available space. The building was originally constructed in 1999 and is situated in Worcester County, conveniently located at 1 Technology Drive, Westborough, MA 01581. Ample parking is provided, with a generous ratio of 3.7 spaces per 1,000 square feet. This property presents a unique opportunity for businesses seeking high-quality, modern office space in a desirable location. The building's executive office subtype caters to businesses seeking a prestigious and efficient workspace. Interested parties are encouraged to inquire about available space and lease terms. The property's convenient location and modern features make it an ideal choice for a variety of businesses.

    Property Features for 1 Technology Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,000 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1999/2022
    Stories
    3

    Unit(s) available at that property

    Space
    First Floor
    Size
    5,381 SF
    Space
    Second Floor
    Size
    4,655 SF
    Space
    Second Floor
    Size
    11,809 SF
    Space
    Second Floor
    Size
    2,469 SF
    Space
    Third Floor
    Size
    9,948 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westborough
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5704108
    Latitude
    42.289894

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space For Lease
    Where is this office property / space located?
    The property is located at 1 Technology Dr Westborough, MA.
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    1 Technology Dr Westborough, MA 01581
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    Realmo Value Estimation

    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.

    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.

    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
    1 Technology Dr Westborough, MA 01581
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