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    FOR LEASE
    Industrial properties

    100 Simplex Dr, Westminster, MA 01473

    74.9 ac lot
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US38-0248004
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 100 Simplex Drive in Westminster, Massachusetts, offers a significant opportunity for businesses seeking expansive warehouse and manufacturing space. The property boasts a total of 692,305 square feet, with 142,793 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 66,976 square feet to a maximum contiguous space of 75,817 square feet. The building features a substantial 26-foot ceiling height, providing ample vertical clearance for storage and operations. Loading and unloading are facilitated by 13 loading docks and 1 drive-in door. Ample on-site parking is available for 1,593 vehicles. The property sits on a generous 95-acre lot and is zoned for industrial use within Worcester County. The building is equipped with robust power capabilities, featuring 4,000 amps of electrical service. This prime location in Westminster, MA (zip code 01473) offers excellent access to major transportation routes, making it an ideal location for distribution and manufacturing operations. This world-class facility presents a rare opportunity to secure significant industrial space in a desirable location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 74.9 ac (3,262,644 SF)
    APN WMIN M:88 B: L:10
    UPID US38-0248004
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $600k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $600k
    Owner & transaction history
    100 Simplex LLC · 7 yrs held
    100 Simplex LLC
    since 2018
    7 recorded transactions
    2022
    2018
    $13.0M
    2016
    2014
    2012
    $9.5M
    2007
    $23.5M
    2005
    $13.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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