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303 Turnpike Rd 9,581 SF 100% Leased Retail Building Westborough, MA 01581 $6,950,000 ($725.39/SF) 6.04% Cap Rate
Executive Summary
Situated on ±5.82 acres along the highly trafficked Route 9 corridor, the asset benefits from exceptional visibility, direct frontage on Route 9, positioning it within one of Central Massachusetts’ most established and desirable retail trade areas. The property’s strategic location is further enhanced by surrounding national retailers including Walmart, Target, Starbucks, and McDonald’s, generating substantial daily traffic and strong consumer activity. In addition, the site offers approximately ±70 parking spaces, providing outstanding convenience and accessibility.
With its long-term tenancy, strong in-place income, high-profile location, and institutional-quality tenant, 303 Turnpike Road represents an exceptional opportunity for investors seeking durable cash flow and long-term asset stability in a premier suburban Boston retail corridor.
Property Facts
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Finance and Insurance
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$9.99
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Lorem Ipsum
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Chase traces its roots to the late 1700s through the Bank of the Manhattan Company, and the Chase name later grew through the 1877 founding of Chase National Bank and the 1955 merger that formed Chase Manhattan Bank. The modern business sits within JPMorganChase, which formed in 2000 from the merger of J.P. Morgan & Co. and Chase Manhattan Company. Chase offers personal and business banking, credit cards, home loans, auto financing, investing, retirement planning, and commercial banking services through a broad consumer and institutional platform. JPMorganChase positions Chase and J.P. Morgan as complementary brands serving consumers, small businesses, corporate clients, and government clients in the United States and internationally.
- Kuberan Jewelers
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$9.99
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Lorem Ipsum
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Finance and Insurance | - | $9.99 | Lorem Ipsum | - | |
| Kuberan Jewelers | - | - | $9.99 | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | WBOR-000025-000033 | Improvements Assessment | $1,906,300 |
| Land Assessment | $1,367,000 | Total Assessment | $3,273,300 |
Property Taxes
Contacts
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Chris Naff -
Drew Higgins -
William Kelleher -
Kelleher & Sadowsky Associates, Inc.
