Property profile

120 Tpke Rd Southborough, MA 01772

OFF-MARKET
Office buildings
Property ID
US38-1249693
82,261 SF 16.99 ac lot Built 1984
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 5,624-square-foot executive office space is available for sublease at 120 Turnpike Road in Southborough, Massachusetts. Located in a Class B building constructed in 1984, this property boasts a highly visible location directly on Route 9, offering excellent accessibility and exposure. The entire 82,261-square-foot building comprises a single suite, providing a unique opportunity for a single tenant to occupy a substantial amount of space. The available space is ideal for a variety of office uses, including administrative, legal, or accounting firms. The property features ample on-site free parking, a significant benefit for employees and clients. The building is situated near numerous retail amenities, providing convenience and a vibrant surrounding environment. This sublease opportunity offers flexible lease terms, including a special incentive of three months of free rent. The property is located in Worcester County, Massachusetts, with the precise address being 120 Turnpike Road, Southborough, MA 01772. This is a rare opportunity to secure a well-located, spacious office suite with attractive lease terms in a desirable location. Don't miss out on this chance to establish your business in a prime Southborough location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction CONCRETE
Total area 82,261 SF
Lot 16.99 ac (740,084 SF)
Zoning code BH
APN SBOR M:037.0 B:0120 L:0004.0
UPID US38-1249693

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
  • Recycling Center Waste Management Facility
  • Medical Clinic
  • Insurance Agency
  • Gym & Fitness Center
  • Insurance Agency

Location

120 Tpke Rd Southborough, MA 01772-2127
Southborough metro Census 741101 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.40M
Blend (final) Blend
$5.11M

Owner & transaction history

since 2020
Last sale
$3.5M
2 recorded transactions
2020
$3.5M
2013
$9.2M

Zoning & alternative use

BH · Southborough, MA
Zoning description

The purpose of this Business Highway district is to provide areas for commercial uses long the highways and nearby residents

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 Tpke Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message