Property profile

2200 PARK DR Westborough, MA 1581

OFF-MARKET
Office Building
Property ID
US38-0143967
74,992 SF 7.34 ac lot Built 1999
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Property summary

AI-generated overview

The property is an office portfolio within Westborough Office Park in Westborough, Massachusetts, consisting of eight office buildings on a 153-acre master-planned suburban office development in a wooded setting. The campus includes on-site management, multiple food service options, a fitness center, a shared conference facility, jogging trails, loading docks, and ample parking. Individual buildings feature coordinated design elements including spacious lobbies/atriums, large ribbon windows, high-end finishes, and outdoor venues. The referenced available office space measures 4,699 square feet and has a ceiling height of 12 feet 4 inches from the top of the first-floor slab to the underside of the slab below the second floor, with a clear height of 9 feet 10 inches from the first-floor slab to the underside of the bar joist below the second floor. The park is located less than 2 miles from the Massachusetts Turnpike (I-90) near the I-495 and Route 9 junction, with access from Route 9 via an I-495 exit, and is near area services including hotels, restaurants, shopping, banking, and childcare facilities.

Property profile

Verified
Property type Office Building
Year built 1999
Total area 74,992 SF
Lot 7.34 ac (319,730 SF)
APN WBOR M:0030 B:000003
UPID US38-0143967

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2200 PARK DR Westborough, MA 1581
Westborough metro
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Value estimations

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Owner & transaction history

since 2019
Last sale
$5.2M
1 recorded transaction
2019
$5.2M
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