111 Speen Street

Off-Market

111 Speen Street, Framingham, MA 01701

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 115,000 SF
  • Lot Size 6.34 Acre
  • Parking Spaces Avail. 460
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1985

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 23 Mar, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Framingham

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Framingham Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $26.76
  • 2022 Office Vacancy Rate 24.64%
  • 2022 Office Completions (SF)
View more Framingham market trends

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Framingham, MA
  • Neighborhood Framingham
  • Zip Code 01701
  • Market Boston

Points of Interest

  • West Natick

    1.88 miles

  • Natick Center

    2.59 miles

  • Framingham

    2.92 miles

  • Wellesley Square

    4.74 miles

  • Wellesley Hills

    5.56 miles

  • Wellesley Farms

    5.85 miles

  • Ashland

    5.98 miles

  • Riverside

    7.07 miles

  • Woodland

    7.45 miles

  • Southborough

    7.72 miles

  • Mobil

    0.11 miles

  • Cumberland Farms

    0.15 miles

  • Shell

    0.40 miles

  • Tesla Supercharger

    0.61 miles

  • Gulf

    1.09 miles

  • Sunoco

    1.25 miles

  • Shell

    1.26 miles

  • Gulf

    1.32 miles

  • Mobil

    1.81 miles

  • Gulf

    1.87 miles

  • Parking Deck F

    0.48 miles

  • Parking Deck E

    0.53 miles

  • Parking Deck D

    0.55 miles

  • Premium Parking Deck B

    0.57 miles

  • Parking Deck A

    0.58 miles

  • Parking Deck C

    0.70 miles

  • Parking G

    0.71 miles

  • Lakeside Parking Garage

    0.77 miles

  • Cochituate North Lot

    0.79 miles

  • Car Parking

    1.03 miles

  • Red Roof Inn

    0.08 miles

  • Courtyard by Marriott Boston Natick

    0.29 miles

  • Hampton Inn

    0.65 miles

  • Residence Inn

    0.76 miles

  • Travelodge

    0.83 miles

  • The Verve

    0.83 miles

  • Monticello Inn Framingham

    1.03 miles

  • Econo Lodge

    3.17 miles

  • Sheraton

    4.85 miles

  • Motel 6

    5.01 miles

  • Zippity Do Dog

    0.08 miles

  • Dunkin'

    0.09 miles

  • Green Leaf

    0.17 miles

  • D'Angelo

    0.17 miles

  • Margarita's

    0.19 miles

  • Night Shift Brewing

    0.63 miles

  • Joe's American Bar & Grill

    0.63 miles

  • McDonald's

    0.66 miles

  • Dave & Buster's

    0.66 miles

  • Panera Bread

    0.66 miles

  • RCS Learning Center

    0.96 miles

  • Framingham High School

    1.13 miles

  • Natick Public Schools

    1.26 miles

  • Juniper Hill School (B.L.O.C.K.S. Preschool)

    1.34 miles

  • Bennett-Hemenway Elementary School

    1.37 miles

  • Mary E. Stapleton Elementary School

    1.39 miles

  • Wilson Middle School

    1.51 miles

  • Wayland Middle School

    1.65 miles

  • Cameron Middle School

    1.68 miles

  • Massachusetts State Police Academy

    1.74 miles

  • Primrose School of Natick

    1.17 miles

  • World of Smiles Academy

    2.52 miles

  • Bright Horizons

    4.15 miles

  • Kidville

    4.73 miles

  • P.A.W.S. Preschool at Wellesley Schools

    7.02 miles

  • FamilyACCESS of Newton Early Learning Center

    8.65 miles

  • Magic Garden

    8.71 miles

  • Jam Time

    9.29 miles

  • Hudson Children's Center

    9.95 miles

Frequently Asked Questions

What is the total square footage of 111 Speen Street?

111 Speen Street totals 115,000 square feet.

When was this property built?

111 Speen Street was built in 1985.

When was 111 Speen Street last sold?

111 Speen Street was last sold on 23 Mar, 2022.

What is the property tax for 111 Speen Street?

The property tax for 111 Speen Street in 2023 was $592,607.

What is the market value for 111 Speen Street?

The market value* for 111 Speen Street in 2023 was $21,731,100.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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