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Park Nine Central 250 Turnpike Rd 57,374 SF 100% Leased Office Building Southborough, MA 01772 For Sale



Investment Highlights
- Flexible workspace, office, and storage suites available
- Climate-controlled environment throughout the building
- Shared loading dock and freight handling capabilities
- 8' clear overhead garage doors on select units
- Bright, open lobby with three-story glass atrium entrance
- Convenient access to Route 9, I-495, I-90 (Mass Pike), and MetroWest markets
Executive Summary
250 Turnpike Road is an existing state-of-the-art, climate-controlled self-storage facility located along Route 9 / Turnpike Road in Southborough, MA. The property includes a 57,374 SF existing building that has been converted from former office use into a modern self-storage facility.
The facility is currently 90% occupied and contains 377 storage units serving an established customer base. The building accommodates a mix of residential, business, contractor, e-commerce, and commercial storage users, and features a climate-controlled interior storage environment, existing parking, loading areas, and site improvements.
The building offers a professional appearance with modernized exterior and interior common areas. Its location along the Route 9 corridor provides strong visibility and convenient access to I-495, I-90/Mass Pike, and surrounding MetroWest communities including Southborough, Westborough, Northborough, Framingham, Marlborough, and Hopkinton.
The asset offers an attractive opportunity for self-storage operators, investors, or owner-users seeking an established, state-of-the-art facility in a high-demand MetroWest submarket, with embedded upside through remaining lease-up, rental rate growth, and continued demand from residential and business storage users.
The facility is currently 90% occupied and contains 377 storage units serving an established customer base. The building accommodates a mix of residential, business, contractor, e-commerce, and commercial storage users, and features a climate-controlled interior storage environment, existing parking, loading areas, and site improvements.
The building offers a professional appearance with modernized exterior and interior common areas. Its location along the Route 9 corridor provides strong visibility and convenient access to I-495, I-90/Mass Pike, and surrounding MetroWest communities including Southborough, Westborough, Northborough, Framingham, Marlborough, and Hopkinton.
The asset offers an attractive opportunity for self-storage operators, investors, or owner-users seeking an established, state-of-the-art facility in a high-demand MetroWest submarket, with embedded upside through remaining lease-up, rental rate growth, and continued demand from residential and business storage users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
57,374 SF
Building Class
B
Year Built
1989
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
18,890 SF
Building FAR
0.13
Lot Size
9.83 AC
Zoning
I - Industrial
Parking
15 Spaces (0.26 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Security System
- Storage Space
- Air Conditioning
- Balcony
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | SBOR-000027-000000-000002A | Improvements Assessment | $3,179,800 |
| Land Assessment | $1,465,000 | Total Assessment | $4,644,800 |
Property Taxes
Parcel Number
SBOR-000027-000000-000002A
Land Assessment
$1,465,000
Improvements Assessment
$3,179,800
Total Assessment
$4,644,800
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