Property profile

12 Gill St Woburn, MA 01801

OFF-MARKET
Office Spaces
182,603 SF Built 2000
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Property summary

AI-generated overview

This exceptional 182,603 square foot Class B medical office building, constructed in 2000, presents a unique investment opportunity in Middlesex County. The property offers a flexible layout suitable for various medical and flex uses, including lab space. Currently, there are eight individual suites available, ranging from a minimum of 2,575 square feet to a maximum contiguous space of 23,128 square feet. The building's total square footage is 182,603 square feet, with 73,087 square feet currently vacant, providing significant potential for expansion or lease-up. The property's multiple tenancy structure offers diverse income streams and adaptability to changing market demands. Its strategic location in Middlesex County provides easy access to major transportation routes and a thriving local community. The building's 2000 construction date ensures relatively modern amenities and systems, minimizing the need for extensive renovations. This property is an ideal choice for investors seeking a well-located, versatile medical office building with substantial vacancy for immediate income generation and future growth. The flexible suite sizes cater to a wide range of tenants, from small practices to larger organizations. This presents an excellent opportunity to acquire a significant asset in a desirable market.

Property profile

Verified
Property type Office Spaces
Year built 2000
Total area 182,603 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory
  • Production Facility
  • Research And Product Development
  • Training Center Tutoring Service
  • Production Facility

Location

12 Gill St Woburn, MA 01801
Woburn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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