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    120 Gilboa St Douglas, MA 01516

    Sponsored
    For Lease
    $2.00 SF/Yr

    Two Warehouses, 7,169 - 40,000 SF

    Lot size:
    300,326 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property at 120 Gilboa Street in Douglas, Massachusetts, offers two warehouse units available for lease. Located in Worcester County, this 300,326 square foot building, constructed in 1904, provides a unique opportunity for businesses seeking flexible space options. The property boasts ample on-site parking, a significant advantage for employees and deliveries. Unit 1 comprises approximately 7,169 square feet, ideal for smaller operations, while Unit 2 offers a substantial 40,000 square feet of space, primarily suitable for dry storage. Both units share a convenient loading area. The minimum divisible space is 7,169 square feet, with a maximum contiguous space of 40,000 square feet. Currently, 47,169 square feet of space is vacant. The property's strategic location provides easy access to Route 146, making it an excellent choice for businesses serving both the Worcester and Providence markets. The building consists of two suites in total. This property presents a rare opportunity to secure warehouse space in a desirable location with excellent access to major transportation routes. The property is zoned for industrial use. The lease terms are Net, Net, Net (NNN). Unit 1 is priced at $8 per square foot NNN, and Unit 2 is priced at $2 per square foot NNN. Contact us today to learn more about this exceptional opportunity.

    Property Features for 120 Gilboa St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    300,326 SF
    Total Rate
    50054.33

    Building Details

    Year Built
    1904

    Unit(s) available at that property

    Space
    Unit 1
    Size
    7,169 SF
    Rate per SF
    $8
    Space
    Unit 2
    Size
    40,000 SF
    Rate per SF
    $2.00

    HighLights

    • 120 Gilboa Street, Douglas, MA: Two warehouse units totaling 300,326 SF available for lease.
    • Worcester County location with easy access to Route 146.
    • Unit 1: 7,169 SF, $8/SF NNN; Unit 2: 40,000 SF, $2/SF NNN.
    • Ample on‑site parking and convenient loading area.
    • 47,169 SF currently vacant; minimum divisible space 7,169 SF, maximum contiguous 40,000 SF.
    • NNN lease terms; industrially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    SupremeX Wholesaler

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Hotel & Motel Department Store Food Market Accounting Firm Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Douglas
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6997806
    Latitude
    42.0838899

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - Two Warehouses, 7,169 - 40,000 SF
    Where is this distribution property located?
    The property is located at 120 Gilboa St Douglas, MA.
    What is the lease rate?
    The lease rate is $2.00-$8 SF/Yr.
    What are key features of this property?
    This property features: 120 Gilboa Street, Douglas, MA: Two warehouse units totaling 300,326 SF available for lease.; Worcester County location with easy access to Route 146.; Unit 1: 7,169 SF, $8/SF NNN; Unit 2: 40,000 SF, $2/SF NNN.
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    120 Gilboa St Douglas, MA 01516
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    Douglas, MA 01516
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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
    120 Gilboa St Douglas, MA 01516
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