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.
This home has been viewed 12 times
Last Checked: April 12th, 2026 at 4:33am (Source: MLS PIN #73481502)
General Information for 251 Turnpike Road, Southborough MA 01772
Listing ID73481502
Property TypeCommercial Sale / Industrial
Price$4,800,000
Style
CitySouthborough
CountyWorcester
Neighborhood(s)
Zoning99
Year Built1998
Disclosures for 251 Turnpike Road, Southborough MA 01772
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.
Compensation Based On
Contact Information for 251 Turnpike Road, Southborough MA 01772