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Property profile & analytics
FOR LEASE
Office buildings

600 Clark Rd Tewksbury, MA 01876

35,937 SF 1.84 ac lot Built 1984
Entity Owned 25-yr Hold ~ Est. High Equity
Property ID
US38-1400594
Property summary
AI-generated overview

This exceptional medical office building, located at 600 Clark Rd in Tewksbury, Massachusetts, offers a unique opportunity for healthcare professionals seeking flexible and well-appointed space. Built in 1984, this four-story building boasts a total of 35,024 square feet, currently featuring two suites. A significant portion of the building, totaling 12,227 square feet, is currently vacant and available for lease. The minimum leasable space is 2,227 square feet, while the maximum contiguous space available is 10,000 square feet, providing options for practices of various sizes. The building is conveniently situated in Middlesex County, with easy access to major transportation routes. Ample parking is provided, with a ratio of four parking spaces per 1,000 square feet of building space. This property presents a rare chance to establish or expand a medical practice in a thriving community, within a well-maintained building offering a blend of established infrastructure and modern functionality. The property's location in Tewksbury, MA, zip code 01876, ensures convenient access for patients and staff alike. The building's multiple suite configuration allows for adaptability to diverse practice needs. Inquire today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction STEEL FRAME
Total area 35,937 SF
Lot 1.84 ac (80,150 SF)
Zoning code IH
APN TEWK M:0012 L:0008 U:0000
UPID US38-1400594
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
  • Wealth Management Advisors, LLC: Stephen P. Ahern, CPA/PFS, CFP, AEP, MST Accounting Firm
  • Carly Keafer Physician
  • Wealth Management Advisors, LLC Financial Advisor
  • Richman Marlys CPA Accounting Firm Tax Preparation
  • Thomas Kirwin CPA PC Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.90M
Blend (final) Blend
$9.87M
Owner & transaction history
Eastport Tewksbury LLC · 25 yrs held
Eastport Tewksbury LLC
since 2001
6 recorded transactions
2018
Price N/A
2013
Price N/A
2012
Price N/A
2008
Price N/A
2001
$3.0M
1969
Price N/A
Zoning & alternative use
IH · Tewksbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source TEWKSBURY ZONING BYLAW
Top alternative use upside
Restaurant $10.4M +75.9%
Auto repair, garage $10.1M +70.6%
Neighborhood: shopping center $10.0M +67.9%
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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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