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    FOR LEASE
    Office buildings

    945 Concord St, Framingham, MA 01701

    17,722 SF 1.14 ac lot Built 1980
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US38-0267396
    Property summary
    AI-generated overview

    This 17,811 square foot Class A office building in Framingham, MA, offers a variety of flexible workspace solutions. Located at 945 Concord Street, this property features 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and includes amenities such as elevators. Space options range from 10 square feet minimum to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building boasts a pleasant suburban setting with ample natural light, surrounded by trees and grass. Its location in the Golden Triangle provides easy access to a large shopping district. Available spaces include private, fully furnished offices, customizable options, disaster recovery spaces, and day offices, all designed to meet diverse business needs. A benefits program offering exclusive discounts and procurement support is also available. The property is situated in Middlesex County, MA, zip code 01701. This is an ideal location for businesses seeking a tranquil yet conveniently located office space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Construction STEEL FRAME
    Total area 17,722 SF
    Lot 1.14 ac (49,876 SF)
    Zoning code P
    APN FRAM M:093 B:25 L:0630 U:000
    UPID US38-0267396
    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
    • Boston Cleaning Company, Inc. Hardware & Home Improvement
    • Controlled Contamination Services - Massachusetts General Contractor
    • Colonial Pest Control Inc. Garden Center
    • The World of Pots Consultant
    • Arch Painting, Inc. Painting Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.15M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.11M
    Blend (final) Blend
    $3.96M
    Owner & transaction history
    945 Concord LP · 6 yrs held
    945 Concord LP
    since 2020
    Last sale
    $3.8M
    6 recorded transactions
    2020
    $3.8M
    2011
    2010
    $1.9M
    2000
    1990
    1987
    Zoning & alternative use
    P · Framingham, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.1M +84.5%
    Auto repair, garage $5.0M +78.9%
    Neighborhood: shopping center $4.9M +76.1%
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    More about this property
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