$4,800,000
About this home
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.
Property details
- MLS #
- 73481502
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 3.81 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 260
- Student:teacher ratio
- 11.8:1
- District
- Southborough
- Enrollment
- 383
- Student:teacher ratio
- 9.8:1
- District
- Southborough
- Enrollment
- 965
- Student:teacher ratio
- 12.1:1
- District
- Advanced Math and Science Academy Charter (District)
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated April 11, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.