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2 Old Worcester Rd 35,000 SF Industrial Building Webster, MA 01570 $4,250,000 ($121.43/SF) 8.47% Cap Rate
Executive Summary
2 Old Worcester Rd in Webster, MA presents a strong sale–leaseback opportunity in a well-positioned industrial corridor. Situated at the intersection of Old Worcester Road and Route 12, the property offers direct access to I-395, providing connectivity to other major throughways in Central Massachusetts such as I-90, I-290 and route 20. The building is outfitted with five loading docks and an oversized drive-in door that services the main warehousing. Additionally, there are four drive-in bays outfitted for vehicle service / fleet maintenance along with just over an acre of yard space for industrial outdoor storage. The utility of the building provides long-term viability for the occupying business, making it ideal for investors seeking reliable, tenant-backed income.
Property Facts
| Price | $4,250,000 | Lot Size | 1.63 AC |
| Price Per SF | $121.43 | Rentable Building Area | 35,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.47% | Year Built | 1988 |
| Sale Condition | Sale Leaseback | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 35’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 5 |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Zoning | GB-4 W | ||
| Price | $4,250,000 |
| Price Per SF | $121.43 |
| Sale Type | Investment |
| Cap Rate | 8.47% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.63 AC |
| Rentable Building Area | 35,000 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Clear Ceiling Height | 35’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | GB-4 W |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WEBS-000023-B000000-000001 | Improvements Assessment | $1,572,100 |
| Land Assessment | $195,700 | Total Assessment | $1,767,800 |
Property Taxes
Parcel Number
WEBS-000023-B000000-000001
Land Assessment
$195,700
Improvements Assessment
$1,572,100
Total Assessment
$1,767,800
Contacts
-
Cody Miner -
Jonah Glickman -
Mike Jacobs -
Joey Powers -
NAI Glickman Kovago & Jacobs
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2 Old Worcester Rd
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