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    FOR LEASE
    Office buildings

    134 Turnpike Rd, Southborough, MA 01772

    47,648 SF 12.75 ac lot Built 2007
    Entity Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US38-0724565
    Property summary
    AI-generated overview

    This exceptional Class A office building, located at 134 Turnpike Road in Southborough, Massachusetts, offers a prime opportunity for businesses seeking versatile and modern space. The property boasts 49,323 square feet across three stories, with a total of six suites. Individual suites range from a minimum of 2,842 square feet to a maximum contiguous space of 4,673 square feet, providing flexibility for various business needs. Currently, 7,515 square feet is available. Built in 2006 and renovated in 2020, the building features modern amenities including elevators and a recently updated fitness facility, along with renovated first and second-floor lobbies and bathrooms. Situated on 12.75 acres of land with prominent Route 9 frontage, the property enjoys sweeping views of the Sudbury Reservoir and excellent accessibility. Its location offers easy access to major roadways, including Routes 90 and 495, and is less than two miles from the Southborough commuter rail station. The property is zoned for Business/Commercial use and is located within the desirable The Boroughs submarket of Worcester County, MA, zip code 01772. This is a rare opportunity to secure high-quality office space in a highly sought-after location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2007
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 47,648 SF
    Lot 12.75 ac (555,521 SF)
    Zoning code RA
    APN SBOR M:029.0 B:0000 L:0047.0
    UPID US38-0724565
    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
    • Orentlich Financial Services, LLC Consultant
    • Sproutward Advertising Agency Marketing & Advertising
    • Veristat Consultant Research Institute
    • Baystate Financial Financial Advisor
    • Silverman Wealth and Income Strategies Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.89M
    Blend (final) Blend
    $6.66M
    Owner & transaction history
    140 Turnpike Road LLC · 20 yrs held
    140 Turnpike Road LLC
    since 2005
    3 recorded transactions
    2020
    2016
    2005
    $400,000
    Zoning & alternative use
    RA · Southborough, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $9.0M +38.7%
    Retail stores $7.5M +15.4%
    Auto repair, garage $7.3M +12.8%
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    More about this property
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