24,751 +/- SF R&D Investment Opportunity | Route 128

Highlights:

• IND-B Zoning
• Value Add or Owner User Opportunity
• Phenomenal Access to Skilled Employee Pool
• Nearby Amenities Include Wholefoods, Bruegger's, CVS, Starbucks
• 90 On-Site, Surface Parking Spaces
• 35 Minute Drive to Boston

Description:

Rarely available in Greater Boston's most sought-after investment class, 4 Preston Court is a 24,751 +/- SF, two-story multi-tenant R&D/flex building positioned in Bedford's IND-B (I2) zoning district, adjacent to Lexington's prestigious Hartwell Avenue innovation corridor. The property is ideally configured for an owner-user seeking to occupy 50-60% of the building while retaining income from an established, diverse tenant base that includes health providers and R&D occupants.

The building features flexible floor plates serviced by a 4,500 lb. capacity passenger/freight elevator, accommodating a broad range of uses including corporate office, R&D, laboratory, biotech, and light manufacturing. Bedford's I2 zoning further supports medical office and out-patient clinic uses by right, making this an exceptionally versatile asset.

The location delivers immediate access to one of New England's deepest talent pools, with approximately 16,053 highly skilled professionals within a 3-mile radius. Corporate neighbors include Thermo Fisher Scientific, Stoke Therapeutics, Diversified Technologies, Cubic PV, and UCB. The property is surrounded by conservation land, is steps from the Minuteman Bikeway, and sits minutes from Hanscom Air Force Base. Direct access to Routes 2, 3, 128/I-95, and 225 ensures seamless regional connectivity.

For the owner-user or investor, 4 Preston Court represents a rare opportunity to secure a flagship presence in one of Massachusetts' most resilient and in-demand industrial R&D submarkets.

Preston Court is home to Boston's most advanced lab, biotech, and service companies seeking Ind-B zoning and access to a skilled talent pool. Neighbors include Thermo Fisher Scientific, Stoke, Diversified Technologies, Cubic PV, and UCB. There are 16,053 white-collar employees within a 3-mile radius of the property, providing ample demand for office space in this 128 location and proximity to some of the Boston area's most affluent suburbs. The property is surrounded by conservation land near the Minuteman Bike Path and Hanscom Air Force Base and enjoys easy access to Routes 3, 128, and 225.

Area retailers include Wholefoods, TJ Maxx, Ocean State Job Lot, Verizon, Stop & Shop, Starbucks, Bruegger's, and Chipotle. Preston Court is a 35-minute drive to downtown Boston and Logan International Airport. It also offers proximity to Route 2, I-93, and the Mass Pike.


Natural Gas

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