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    FOR LEASE
    Office buildings

    321 Commonwealth Rd, Wayland, MA 01778

    60,057 SF 4.27 ac lot Built 1979
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US38-1490969
    Property summary
    AI-generated overview

    This exceptional Class A executive office property, located at 321 Commonwealth Road in Wayland, Massachusetts, offers a rare opportunity for businesses seeking premium space in Middlesex County. The building totals 6,536 square feet and features two suites, with 5,148 square feet currently vacant and immediately available for lease. Individual suites range from a minimum of 1,582 square feet to a maximum contiguous space of 5,148 square feet, providing flexibility for various business needs. The building boasts impressive 8'6" ceilings and ample parking, with a ratio of 3.2 spaces per 1,000 square feet. The property is well-equipped with robust power infrastructure, including a 1,600 AMP, 480/270-volt system, ensuring reliable power for even the most demanding operations. Its convenient location in Wayland, MA, offers easy access to major transportation routes and amenities. This is an ideal opportunity for businesses seeking a modern, efficient, and well-located executive office space. The property is classified as Office and Industrial, specifically catering to executive office tenants. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The zip code is 01778.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1979
    Construction CONCRETE
    Total area 60,057 SF
    Lot 4.27 ac (186,001 SF)
    Zoning code BA
    APN WAYL M:52 L:159
    UPID US38-1490969
    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
    • Stanmar, Inc. Construction Company
    • C2 Premium Marketing Advertising Agency Marketing & Advertising
    • Celebration Travel Travel Agency
    • MembersFirst Health & Fitness Club Home Page Gym & Fitness Center
    • The Clifford Group LLC Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.54M
    Blend (final) Blend
    $4.09M
    Owner & transaction history
    Wayland Woods LLC · 19 yrs held
    Wayland Woods LLC
    since 2006
    6 recorded transactions
    2016
    2006
    $5.9M
    1999
    1997
    $4.2M
    1994
    $526,152
    1989
    Zoning & alternative use
    BA · Wayland, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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