Investment Overview
NAI Parsons Commercial Group - Boston is pleased to offer for sale 1881 Worcester Road, Framingham, Massachusetts (the “Property”), a 65,000± sf office building strategically located at the “Crossroads,” the Route 9 and Massachusetts Turnpike (I-90, Exit 12) interchange.
This two-story, ribbon-window, Class B building provides an excellent investment opportunity for investors, companies, and organizations seeking a central location in the Suburban Boston market. The Property has housed notable tenants, including Advocates, Inc., one of Massachusetts’ largest non-profits. Their upcoming vacancy creates opportunities for owner-occupiers or strategic repositioning.
1881 Worcester Road benefits from its location in a dynamic mixed-use environment with direct highway access.
Investment Highlights
- Repositioning Opportunity: Flexible Corporate Mixed Used Zoning allows for a variety of uses other than traditional office space including: R&D Lab, Medical, Assisted Living, Adult Day Care, Schools and more.
- Highly visible and well known property situated at the "Crossroads" of the Mass Turnpike (I-90) and Route 9.
- Over $600,000 in capital improvements within the last 5-10 years including HVAC systems, roof, common area upgrades, exterior parking lot and more.
- Company Branding: Building signage visible to over 55,000 cars per day.
- Strong Historical Occupancy Levels: Consistently over 90% occupancy rate since 2015.
- Conveniently located approximately 25 minutes west of Boston and 25 minutes east of Worcester.