120 Gilboa St Listing Details & Market Data

120 Gilboa Street, Douglas, MA sits less than a mile off of Route 146 presenting a prime location with access to major highways: Route 146: < 1 mile east for easy access to Worcester (15-miles) and Providence (25-miles) I-495: ~ 15 miles east to service Greater Metro Boston (Lowell: 55-miles and Foxborough: 30-miles) as well as access to southern points like Cape Cod (Bourne: 75-miles) and north to the New Hampshire Seacoast (Seabrook: 80-miles). I-90: ~ 10 miles north (via 146) for access to Boston (50-miles) and Springfield (60-miles) I-395: ~ 10 miles west for easy access to CT destinations (Hartford: 70-miles)The 300,328 square foot industrial building located at 120 Gilboa Street in Douglas, MA, presents an opportunistic investment opportunity for buyers seeking property in Worcester County. Its strategic location offers convenient access to the Worcester, Providence and Boston markets, as well as the major highway systems in New England, lending itself to a wide variety of future users. Furthermore, commercial zoning allows for additional flexibility for the building's use. The two-story building is currently (~75%) occupied by six tenants with varying lease terms. The current Net Operating Income (NOI) supports a market rate offering, while the existing vacancy and potential lease turnover create value-added opportunities in the near future. For access to the building's financial information, please reach out to one of the listing agents. Alternatively, you can execute the Non-Disclosure Agreement (NDA) available on our website to access the data room containing the financial information {if we can make that}120 Gilboa St in Douglas, MA, presents two industrial units currently available for lease. With convenient access to Route 146, these spaces are ideally situated for users catering to both the Worcester and Providence markets. Unit 1 offers approximately 7,125 square feet of warehousing space, priced at $8 per square foot NNN. Unit 2 features approximately 40,000 square feet of warehousing space, primarily suited for dry storage, and is available at $2 per square foot NNN. Both units have access to a shared loading area and ample on-site parking.