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Property profile & analytics
OFF-MARKET Estimated value $4,590,000
Office buildings

120 Tpke Rd Southborough, MA 01772-2127

82,261 SF 16.99 ac lot Built 1984
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US38-1249693
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Iron Mountain Recycling Center Waste Management Facility
  • Paramount Recovery Centers Drug and Alcohol Rehab Medical Clinic
  • G&N Insurance Insurance Agency
  • Every Body Balance Gym & Fitness Center
  • Mackintire Insurance Agency Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.40M
Blend (final) Blend
$4.59M
Owner & transaction history
Fd 120 Turnpike LLC · 5 yrs held
Fd 120 Turnpike LLC
since 2020
Last sale
$3.5M
2 recorded transactions
2020
$3.5M
2013
$9.2M
Zoning & alternative use
BH · Southborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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