
251 Turnpike Road Southborough — Photo 1 of 12
Recent Drop: $200,000
$4,800,000
Southborough, MA 01772
Beds
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Style
Other
Built
1998
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.
Apr 30, 2026
MLS® 73385078
Was $4,875,000
Apr 7, 2026
MLS® 73481502
Was $5,000,000
Mar 31, 2026
MLS® 73481502
Mar 2, 2026
MLS® 73481502
Jun 4, 2025
MLS® 73385078
Listing Agent: Nicholas Herz
Listing Office: Provided by MLS PIN
MLS® Number: 73481502
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