12 Gill St Woburn, MA 01801
- Office Properties & Spaces
- 182,603 SF
Current Use by Public Records
- Mitra Biotech / Medical Laboratory
- Medtronic / Medical Technology Manufacturer
- Aptima, Inc. / Research And Product Development
- RCS Early Childhood / Learning Center
- NanoHive Medical / Medical Technology Manufacturer
Property Details for 12 Gill St
- Year built
- 2000
- Property size
- 182,603 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woburn
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.1503
- Latitude
- 42.5079
