Property profile

37 Sutton Rd Webster, MA 01570

FOR LEASE
Individual retail properties
Property ID
US38-1123597
24,750 SF 3.18 ac lot Built 1970
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Webster, MA property at 37 Sutton Road offers 5,000 square feet of versatile space ideal for office, retail, or flex use. The building is situated in a high-visibility location, just a quarter-mile from the convenient interchange exits 3 & 4 of I-395, providing easy access for employees and clients. This prime location places the property minutes away from a significant retail trade area, ensuring high foot traffic and excellent brand visibility. The property's multi-tenant configuration allows for flexibility in lease terms and occupancy needs. The building's traditional office design is also suitable for medical office practices. Its proximity to the Mapfre Insurance Headquarters, employing approximately 2,000 people, presents a significant opportunity to tap into a large and established workforce. The available space is currently vacant and ready for immediate occupancy. The property's location in Webster, MA, zip code 01570, offers a strategic advantage for businesses seeking a blend of accessibility, visibility, and proximity to a substantial workforce. This is a rare opportunity to secure a well-located and adaptable commercial space in a thriving area. Inquire today to learn more about this exceptional property and its potential to meet your business needs.

Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 1970
Construction CONCRETE
Total area 24,750 SF
Lot 3.18 ac (138,521 SF)
Zoning code INDUST
APN WEBS M:86 B:D P:1
UPID US38-1123597

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Construction Company General Contractor
  • Restaurant
  • Gym & Fitness Center

Location

37 Sutton Rd Webster, MA 01570
Webster metro Census 754100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$728k
Blend (final) Blend
$640k

Owner & transaction history

since 2014
7 recorded transactions
2014
$700,000
2008
Price N/A
2007
$1.3M
2007
Price N/A
2003
$1
2003
$1
2003
$600,000

Zoning & alternative use

INDUST · Webster, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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