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861 Edgell Rd 17,081 SF 73% Leased Retail Building Framingham, MA 01701 $3,999,000 ($234.12/SF) 7.74% Cap Rate
INVESTMENT HIGHLIGHTS
- Ample on-site parking
- With flexible layouts that accommodate a range of tenants or owner-user possibilities
- Excellent visibility along a well-traveled corridor
EXECUTIVE SUMMARY
The Prosperity Group is pleased to present the exclusive opportunity to acquire 861 Edgell Road, a 16,535 square foot commercial building on 1.04 acres in Framingham, Massachusetts. The property offers a versatile mix of retail and office space, ample on-site parking, and excellent visibility along a well-traveled corridor. With flexible layouts that accommodate a range of tenants or owner-user possibilities, the building provides both income potential and long-term stability. Strategically located in the heart of MetroWest, the Property benefits from convenient access to Route 9, I-90 (Mass Pike), and I-495. Framingham is a thriving community and regional hub for employment, education, and retail, drawing consistent demand from businesses and consumers alike. This offering presents investors and owner-occupants a rare opportunity to secure a well-positioned, multi-use asset with scale, parking, and strong visibility in one of the most accessible and desirable submarkets West of Boston.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
17,081 SF
Building Class
B
Year Built
1974
Price
$3,999,000
Price Per SF
$234.12
Cap Rate
7.74%
NOI
$309,475
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
1.04 AC
Zoning
B-2 - Commercial
Parking
60 Spaces (3.51 Spaces per 1,000 SF Leased)
Frontage
117’ on Edgell Rd
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 200A
- 800 SF
- Office
- -
- Now
- 202
- 527 SF
- Office
- -
- Now
- 204
- 776 SF
- Office
- -
- Now
- 206
- 529 SF
- Office
- -
- Now
- 4
- 1,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 200A | 800 SF | Office | - | Now |
| 202 | 527 SF | Office | - | Now |
| 204 | 776 SF | Office | - | Now |
| 206 | 529 SF | Office | - | Now |
| 4 | 1,000 SF | Office | - | Now |
200A
| Size |
| 800 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
202
| Size |
| 527 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
204
| Size |
| 776 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
206
| Size |
| 529 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
4
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | FRAM-000037-000034-006470 | Improvements Assessment | $2,406,000 |
| Land Assessment | $387,000 | Total Assessment | $2,793,000 |
PROPERTY TAXES
Parcel Number
FRAM-000037-000034-006470
Land Assessment
$387,000
Improvements Assessment
$2,406,000
Total Assessment
$2,793,000
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861 Edgell Rd
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