Log In/Sign Up
Your email has been sent.
Turnpike Properties 200 Turnpike Rd 43,520 SF 43% Leased Flex Building Chelmsford, MA 01824 For Sale
Investment Highlights
- 43,520 SF Industrial/Flex Building on 2.22 Acres
- Owner-User Opportunity
- Strategic Regional Connectivity
- Steady Cash-Flow with Value-Add Potential
- Versatile Building Layout with 12 Drive-In Doors
Executive Summary
128 CRE is pleased to present the opportunity to acquire 200 Turnpike Road in Chelmsford, MA, a multi-tenant industrial/flex property offering both income stability and the flexibility for owner occupancy.
The site consists of a 43,520 SF building on 2.22 acres (96,703 SF). The property provides immediate cash flow with multiple tenants in place, along with value-add potential through lease-up or repositioning. Vacancy on the second floor and mixed lease expiration dates create an
opportunity for an owner-user to occupy all or part of the building, with steady cashflow offsetting debt service.
Strategically located with direct access to the New Hampshire, northern Boston, and Route 2 markets, and minutes from Route 3 and I-495, 200 Turnpike Road also offers ample parking and strong regional connectivity.
This offering represents a compelling opportunity to acquire a versatile industrial/flex asset in a high-demand submarket characterized by limited supply and rising rents.
The site consists of a 43,520 SF building on 2.22 acres (96,703 SF). The property provides immediate cash flow with multiple tenants in place, along with value-add potential through lease-up or repositioning. Vacancy on the second floor and mixed lease expiration dates create an
opportunity for an owner-user to occupy all or part of the building, with steady cashflow offsetting debt service.
Strategically located with direct access to the New Hampshire, northern Boston, and Route 2 markets, and minutes from Route 3 and I-495, 200 Turnpike Road also offers ample parking and strong regional connectivity.
This offering represents a compelling opportunity to acquire a versatile industrial/flex asset in a high-demand submarket characterized by limited supply and rising rents.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1988 |
| Building Class | C | Parking Ratio | 5.1/1,000 SF |
| Lot Size | 2.22 AC | Clear Ceiling Height | 19’ |
| Rentable Building Area | 43,520 SF | No. Drive In / Grade-Level Doors | 12 |
| Zoning | IA, Chelmsford | ||
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 2.22 AC |
| Rentable Building Area | 43,520 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 5.1/1,000 SF |
| Clear Ceiling Height | 19’ |
| No. Drive In / Grade-Level Doors | 12 |
| Zoning | IA, Chelmsford |
Amenities
- Conferencing Facility
- Property Manager on Site
- Security System
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,396,800 | |
| Land Assessment | $773,500 | Total Assessment | $3,170,300 |
Property Taxes
Parcel Numbers
Land Assessment
$773,500
Improvements Assessment
$2,396,800
Total Assessment
$3,170,300
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Turnpike Properties | 200 Turnpike Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.