Marlborough Office Property Sold At $3.45M With Mitch Stepien & Ben Gatti As Brokers

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.