For Sale: 7,800± SF Multi-Tenant Retail Center on Route 9
3-11 Turnpike Road, Southborough, MA
Market Price
Price
7,778 sqft
Building Size
0.834 acres
Lot Area
Overview
Description
SVN® Parsons Commercial Group - Boston is pleased to present for sale 3-11 Turnpike Road, Southborough, MA, (the “Property”), a 7,778± square foot, retail asset on Route 9 MA with 457' of frontage on 0.83± acres.
3-11 Turnpike Road is located on the westbound side of Route 9 on the Southborough/Framingham line. Route 9 properties are sought after due to their high traffic counts - currently 37,000± (ADT).
The property is also conveniently located just 1-mile from the Mass Pike (Exit 11) and approximately 5.5 miles to Route 495.
The property is 95% occupied with just a single office space available for a property manager, owner, or generate additional income.
The property presents a dynamic opportunity for an investor to acquire a well positioned asset just outside of one of New England’s largest retail districts, known as the “Golden Triangle" in the Greater Boston market.
Southborough is a charming town located in Greater Boston MSA. Situated approximately 25 miles west of Boston, it offers a perfect blend of suburban tranquility and access to urban amenities.
Southborough is characterized by its historic New England architecture, with quaint colonial-style homes and buildings dotting its landscape. The town center exudes a quaint charm, featuring local shops, restaurants, and community spaces that foster a strong sense of community.
Tenant Metered
Highlights
- Exceptional Traffic Counts - 37,124±ADT (Turnpike Road).
- Strong Demographics - $186,432 Median Household Income.
- Single Tax Rate - Southborough benefits from a single tax rate, currently set at a low $13.91 per thousand. The lowest in the market area.
- Convenient Traveler Location - Located on the westbound side of Route 9 on the Southborough/Framingham line. Minutes to I-90 or Route 495. 3-11 Turnpike is a convenient center to stop during commuting.
- Destination Retail Market - Minutes from the "Golden Triangle" (Framingham/Natick) one of New England’s largest retail districts.