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Property profile & analytics
FOR LEASE
Retail space

154 Turnpike Rd Southborough, MA 01772

22,904 SF 2.02 ac lot Built 2004
Entity Owned ~ Est. High Equity
Property ID
US38-0321305
Property summary
AI-generated overview

The Crossings at Whites Corner, a Class A, two-story building totaling 20,816 square feet, offers exceptional office and retail space in the desirable Boroughs submarket of Worcester County. Built in 2004 and renovated in 2020, this property boasts eight suites, ranging from 1,202 to 6,469 contiguous square feet, with a minimum divisible space of 1,202 square feet. Situated on a highly visible 2.03-acre lot on Route 9, this location provides convenient access to major roadways, including Route 495 and the Mass Pike, within approximately two miles. The property benefits from a strong surrounding area with over 8.7 million square feet of office space within a two-mile radius and numerous nearby residential neighborhoods. Current tenants include established businesses such as Starbucks, Cold Stone Creamery, HOLA, Tomasso, and Charles River Medical Associates, creating a vibrant and successful commercial environment. The building features elevators for convenient access to both floors. Three spaces are currently available, making this an ideal opportunity for businesses seeking a prominent location with excellent visibility and accessibility. The property is a mixed-use facility, accommodating both retail and professional tenants.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,904 SF
Lot 2.02 ac (87,817 SF)
Zoning code BH
APN SBOR M:037.0 B:0000 L:0003.0
UPID US38-0321305
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
  • Hola Restaurant & Tequila Bar Restaurant
  • Starbucks Cafe & Coffee Shop
  • Cold Stone Creamery Grocery & Convenience Store Specialty Food Shop
  • Code Red Consultants Security Service
  • The Vin Bin Southboro Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$3.31M
Owner & transaction history
154 Turnpike Road LLC
154 Turnpike Road LLC
since 2026
Last sale
$2.1M
7 recorded transactions
2026
$2.1M
2025
Price N/A
2023
Price N/A
2009
Price N/A
2008
Price N/A
2004
$1
2004
Price N/A
Zoning & alternative use
BH · Southborough, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.3M +20.2%
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More about this property
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