957 Tpke Rd, Shrewsbury, MA 01545
Exceptional investment opportunity in Shrewsbury, MA. This 15.83-acre mixed-use property boasts three one-story buildings totaling 100% occupancy with four corporate-guaranteed tenants under a triple-net (NNN) lease. The lease commenced December 1, 2020, with a five-year term, expiring December 1, 2025, leaving one year remaining. The property features Commercial-Business (CB) zoning, allowing for diverse uses. A ground lease is in place, expiring December 1, 2025, with 1.3 years remaining. The property underwent renovations in 2020 and enjoys a prime location on Boston Turnpike (Route 9), a high-traffic corridor with significant recent development, including the nearby Northborough Crossing retail center and apartment complex. This corner lot offers impressive street frontage on both Turnpike Road and Walnut Street. The property's size and location represent a rare opportunity within this thriving market. This is a privately owned Class B property. No lease options are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.