Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

4 Preston Ct
Bedford, MA 01730
Route 128 I2 Zoned Office/Flex (29153936) · Office Property For Sale

Investment Highlights

  • Value Add or Owner User Opportunity
  • Nearby Amenities Include Wholefoods, Bruegger's, CVS, Starbucks
  • 35 Minute Drive to Boston
  • Phenomenal Access to Skilled Employee Pool
  • 90 On-Site, Surface Parking Spaces

Executive Summary

This 24,751 +/- SF favorable investment opportunity is strategically located in the IND-B section, near Lexington's Hartwell Avenue. The building boasts two-floors of multi-tenant flex space serviced by a 4,500 lb capacity passenger/freight elevator, providing flexibility for uses such as office, R&D, lab, biotech, and light manufacturing.
A major advantage of this location is its proximity to a pool of skilled white-collar employees. Within a 3-mile radius, there are approximately 16,053 highly skilled professionals, presenting a powerful workforce for businesses in the area. Notable neighbors include industry giants like Thermo Fisher Scientific, Stoke, Diversified Technologies, Cubic PV, and UCB, which further enhances the property's appeal.
Beyond its excellent location and neighbors, the property is surrounded by conservation land, offering a pleasant environment for employees and visitors.
A major advantage of this location is its proximity to a pool of skilled white-collar employees. Within a 3-mile radius, there are approximately 16,053 highly skilled professionals, presenting a powerful workforce for businesses in the area. Notable neighbors include industry giants like Thermo Fisher Scientific, Stoke, Diversified Technologies, Cubic PV, and UCB, which further enhances the property's appeal.
Beyond its excellent location and neighbors, the property is surrounded by conservation land, offering a pleasant environment for employees and visitors. It also benefits from its proximity to the Minuteman Bike Path and Hanscom Air Force Base. Access to major routes, such as Routes 2 & 3, 128, and 225.

Property Facts Under Contract

Sale Type
Investment
Property Type
Office
Building Size
24,360 SF
Building Class
B
Year Built/Renovated
1974/1999
Price
$5,295,000
Price Per SF
$217.36
Percent Leased
69%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,180 SF
Slab To Slab
11’
Building FAR
0.41
Lot Size
1.38 AC
Zoning
IND - IND-B Zoning
Parking
90 Spaces (3.69 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Kitchen
  • Central Heating
  • Fully Carpeted
  • Recessed Lighting
  • Yard
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
BEDF-000072-000000-000015-A000000
Land Assessment
$882,800
Improvements Assessment
$3,317,600
Total Assessment
$4,200,400
  • Listing ID: 29153936

  • Date on Market: 8/1/2023

  • Last Updated:

  • Address: 4 Preston Ct, Bedford, MA 01730

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}