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400 Presidential Way
Woburn, MA 01801
INNOV8 · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
34,272 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
11,424 SF
Building FAR
0.08
Lot Size
9.77 AC
Zoning
I-P2 - Industrial Park
Parking
164 Spaces

AMENITIES

  • Banking
  • Bus Line
  • Signage
  • Wheelchair Accessible
  • Central Heating
  • Wi-Fi
  • Air Conditioning
  • Smoke Detector

ABOUT 400 PRESIDENTIAL WAY , WOBURN, MA 01801

The property is subject to a net lease to TSI Woburn, LLC, the largest owner and operator of fitness clubs in the Northeast and Mid-Atlantic Region. The 33,159 square foot property serves as one of 148 total locations under the parent company, Town Sports International. Set along a prominent office corridor, the property is in prime position to capture the local employee population, the commuter traffic driven by the nearby Amtrak station, and the dense local residential population. Positioned on an approximately 9.75-acre parcel just off of Interstate 93, the property is located within 1 mile of over 1.85 million square feet of occupied office space. This offering represents a truly rare opportunity to purchase a very well-located class A fitness center located within the Greater Boston Area. The Property is located in an affluent neighborhood of Woburn where average household income within a 1-mile radius of the Asset exceeds the national average by nearly threefold. The city is located between Route 128 and 93 which allows for a 10 minute commute to downtown Boston. Woburn has seen a great deal of local development activity including a $35 million expansion for the Woburn Library which will help to increase community engagement and preserve it as an historic landmark with energy efficiency and environmental sustainability.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WOBU-000005-000004-000005
Land Assessment
$2,828,100
Improvements Assessment
$3,769,700
Total Assessment
$6,597,800
  • Listing ID: 6914294

  • Date on Market: 4/24/2017

  • Last Updated:

  • Address: 400 Presidential Way, Woburn, MA 01801

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