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333 SW Cutoff 28,086 SF 90% Leased Office Building Northborough, MA 01532 $11,800,000 ($420.14/SF) 7.76% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupancy, Multi-Tenant Investment
- Built 2015 | Immaculate Condition
- High Traffic Counts & Exceptional Visibility
- Investment-Grade Anchor Tenant (74% of NRA)
- Signalized Intersection at Rt. 20 & Rt. 9
- Surrounded by Top-Tier National Retailers
EXECUTIVE SUMMARY
333 SW Cutoff is a 100% occupied medical and retail investment property located at the signalized intersection of Route 20 and Route 9 in Northborough, MA. The building was constructed in 2015 and is in excellent condition.
The property is anchored by UMass Memorial Health, an investment-grade tenant occupying approximately 74% of the building, offering urgent care, primary care, and ophthalmology services. Additional tenants include New England Baseball and Perfect Game, providing a diversified tenant mix.
The site benefits from high traffic counts, strong demographics, and excellent visibility, and is located directly across from a major retail hub anchored by Wegmans, BJ’s Wholesale Club, Dick’s Sporting Goods, Starbucks, Marshalls, TJ Maxx, HomeSense, Michaels, and other national retailers.
This offering provides investors with stable cash flow, strong healthcare tenancy, and long-term value in one of Central Massachusetts’ most established commercial corridors.
The property is anchored by UMass Memorial Health, an investment-grade tenant occupying approximately 74% of the building, offering urgent care, primary care, and ophthalmology services. Additional tenants include New England Baseball and Perfect Game, providing a diversified tenant mix.
The site benefits from high traffic counts, strong demographics, and excellent visibility, and is located directly across from a major retail hub anchored by Wegmans, BJ’s Wholesale Club, Dick’s Sporting Goods, Starbucks, Marshalls, TJ Maxx, HomeSense, Michaels, and other national retailers.
This offering provides investors with stable cash flow, strong healthcare tenancy, and long-term value in one of Central Massachusetts’ most established commercial corridors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
28,086 SF
Building Class
B
Year Built
2015
Price
$11,800,000
Price Per SF
$420.14
Cap Rate
7.76%
NOI
$915,600
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,043 SF
Slab To Slab
10’
Building FAR
0.10
Lot Size
6.41 AC
Zoning
Commercial
AMENITIES
- Security System
- Signage
- Wheelchair Accessible
- Reception
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,959 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 1,959 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1,959 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
PROPERTY TAXES
| Parcel Number | NBOR-001090-000000-000011 | Improvements Assessment | $4,900,800 |
| Land Assessment | $750,400 | Total Assessment | $5,651,200 |
PROPERTY TAXES
Parcel Number
NBOR-001090-000000-000011
Land Assessment
$750,400
Improvements Assessment
$4,900,800
Total Assessment
$5,651,200
CONTACTS
-
Todd Alexander -
James Umphrey -
Madison O'Brien -
Jay Umphrey -
Kelleher & Sadowsky Associates, Inc.
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
333 SW Cutoff
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