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    FOR LEASE
    Manufacturing properties

    401 Elm St, Marlboro, MA 01752

    134,648 SF 12.47 ac lot Built 1960
    Individually Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US38-0440407
    401 Elm St, Marlboro, MA 01752 For Lease
    $10,225,000 203,265 SF available
    401 Elm St, Marlboro, MA 01752
    View Listing →
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, located at 401 Elm Street in Marlborough, Massachusetts (01752), offers 134,648 square feet of versatile space ideal for manufacturing, flex, warehouse, or R&D operations. Situated on a 12.47-acre lot, this property boasts a range of features including 7 loading docks, 4 drive-in bays, and ample parking for 350 vehicles. The building, constructed in 1960 and renovated in 1988, features a 14-foot ceiling height and is equipped with 1,600 amp/480v 3-phase power. Two units are currently available. A 29,600 square foot unit is immediately available and is well-suited for light manufacturing or R&D, serviced by three loading docks. A larger 77,000 square foot unit will be available in December 2025. This space, currently used for vehicle servicing, offers significant potential for various uses including electronic manufacturing, wholesale operations, technology companies, and more, and is serviced by four loading docks and four drive-in bays. The property is zoned for light industrial use and benefits from its location in Middlesex County. Minimum divisible space is 29,600 square feet, with a maximum contiguous space of 77,000 square feet. The building includes elevators. A total of 106,600 square feet is currently vacant.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1960
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 134,648 SF
    Lot 12.47 ac (543,193 SF)
    APN MARL M:067 B:050 L:000
    UPID US38-0440407
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.23M
    Owner & transaction history
    Ejr RT · 12 yrs held
    Ejr RT
    since 2013
    6 recorded transactions
    2013
    $10.0M
    2004
    $1
    2000
    1997
    $15.5M
    1990
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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