251 Turnpike Road

The town of Southborough, MA consist of 1.9 million SF of industrial product. It’s home to some of the region's largest healthcare, medical device, and information system companies such ACMI Corporation, Cambex, Commonwealth Life, and Visiant Health. Many other local businesses maintain a significant footprint. About a mile west of 251 Turnpike, Ken Foods is expanding its 340,000 SF bulk distribution facility. As a result of the strong employer base, the immediate trade area has attracted interest from local developers. Plans have been filed with the town to develop large-scale residential and a self-storage facility across Route 9. Immediately next door, the permitting process is nearing completion for a 32-unit, luxury automobile garage condominium project.251 Turnpike Road is a 3.81 acre site improved by a highly functional 15,500 SF light industrial building located along Route 9 in Southborough, MA. The property is 100% leased to two tenants, offering investors long-term, stable cash flow. The anchor tenant, occupying 10,500 SF, is an established dealership with 14-years of term and annual CPI rent increases. The second tenant has invested a significant amount of capital into its 5,000 SF and adds a complementary automotive use to building. The property offers convenient access to I-495 and exceptional visibility with approximately 600 feet of frontage. This stretch of Route 9 has signalized intersections about one mile in both directions and sees an average of 50,500 vehicles per day. The underlying zoning allows for a variety of uses and the ability to expand the existing building 35,190 SF.