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    FOR LEASE
    Office buildings

    315 University Ave 2nd, Westwood, MA 02090

    29,760 SF 2.62 ac lot Built 1981
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US38-0660969
    Property summary
    AI-generated overview

    This exceptional office space in Westwood, Massachusetts, offers a diverse range of solutions for businesses of all sizes. Located at 315 University Ave, in Norfolk County, this property provides flexible options to suit your specific needs. Choose from traditional private offices, fully furnished and equipped for individuals or large teams, scalable from one to over 100 desks. Customizable options are available, including serviced offices, disaster recovery spaces, and day offices, offering access as needed. For a more collaborative environment, coworking spaces are available, allowing you to reserve a dedicated desk or utilize a hot-desk option. The property also features a comprehensive suite of meeting rooms, adaptable for various uses, from informal chats to large-scale conferences. Need a prestigious business address without the overhead? Virtual office options are available, including mail handling and professional virtual assistant services, with varying levels of office access included. Finally, flexible working plans provide access to a global network of workspaces, offering unparalleled convenience and adaptability. This property is ideal for businesses seeking a modern, versatile, and strategically located workspace in Westwood, MA. The property type is classified as Traditional Office, Executive Office, Coworking, and Medical Office, making it suitable for a wide range of professional uses. The tenancy is multiple, indicating shared occupancy. While the total building square footage is not specified, the available office spaces range in size to accommodate various business needs.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1981
    Construction STEEL FRAME
    Total area 29,760 SF
    Lot 2.62 ac (114,127 SF)
    APN WWOO M:037 B:000 L:014
    UPID US38-0660969
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.94M
    CAP Approach CAP
    $10.72M
    Comparable Approach Comparable
    $12.11M
    Blend (final) Blend
    $9.65M
    Owner & transaction history
    Skye Enterprises LLC · 5 yrs held
    Skye Enterprises LLC
    since 2021
    Last sale
    $7.5M
    4 recorded transactions
    2021
    $7.5M
    2015
    $8.0M
    2012
    $4.0M
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $12.8M +46.3%
    Auto repair, garage $9.6M +9.8%
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    More about this property
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