Marlborough Office Property Sold At $3.45M With Mitch Stepien & Ben Gatti As Brokers
Massachusetts
See Similar DealsMarlborough Office Property Sold At $3.45M With Mitch Stepien & Ben Gatti As Brokers
221 Boston Post Rd, Weston, MA 02493, USA
See Similar DealsSummary
The multi-tenanted office property located at 221 Boston Post Rd in Marlborough has been sold for a price of $3,450,000. The property spans across 37,248 square feet and was sold at 82% occupancy. This office property is situated in a well-established market and offers great potential for future growth. The sale price of $3,450,000 translates to a per square foot price of $92.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,450,000
- Address: 221 Boston Post Rd, Marlborough
- Market: Marlborough
- Square Footage: 37,248
- Price per Square Foot: $92
The successful transaction was facilitated by Mitch Stepien & Ben Gatti from Greater Boston Commercial Properties Inc.
It is worth noting that the office property was sold at a high occupancy rate, indicating the long-term stability and attractiveness of the investment. With its strategic location and established tenants, this property presents a great opportunity for the new owner to generate consistent rental income.
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