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14 Main St 3,297 SF Office Building Southborough, MA 01772 $950,000 ($288.14/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Five year lease beginning 10/1/2025. A triple net lease with a leading provider of respiratory, infusion, and specialty pharmaceutical therapies.
- Over $300,000 invested into medical buildout in 2025.
- Two minutes from route 9.
- A national medical tenant with over 50 locations. Includes a 5-year option to extend.
- Roughly 8,900 vehicles per day based on the latest available town traffic studies.
EXECUTIVE SUMMARY
Five year lease beginning 10/1/2025. A triple net lease with a leading provider of respiratory, infusion, and specialty pharmaceutical therapies. A national medical tenant with over 50 locations. Includes a 5-year option to extend. Over $300,000 invested in 2025 buildout.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,297 SF
Building Class
B
Year Built/Renovated
1860/2025
Price
$950,000
Price Per SF
$288.14
Cap Rate
6.90%
NOI
$65,550
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,377 SF
Building FAR
0.22
Lot Size
0.34 AC
Zoning
DD - Downtown District - See attachment
Parking
11 Spaces (2.31 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | SBOR-000054-000000-000085 | Improvements Assessment | $497,900 |
| Land Assessment | $253,300 | Total Assessment | $751,200 |
PROPERTY TAXES
Parcel Number
SBOR-000054-000000-000085
Land Assessment
$253,300
Improvements Assessment
$497,900
Total Assessment
$751,200
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14 Main St
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