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34 Days on Jacob RealtyPrice Reduced $125,000
12
$4,875,000
N/A Beds N/A Baths
HOA
N/A
LOT size: 3.81 Acres
SQFT
N/A
251 Turnpike Road
Southborough, MA 01772
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Property Description

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, and priced at a 7.5% cap rate, offering investors long-term, and stable cash flow. The anchor tenant, occupying 10,500 SF, is an established dealership with 13-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.

Property Details

Property Information

  • Type: Industrial
  • Location: Other (See Remarks)
  • MLS ID#: 73481502

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Seller's Representative: Nicholas Herz, Boston Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-04 03:05:00