www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
18814509
18814510

665 Cochituate Rd, Framingham, MA 01701

JA
RI REB.0015676, MA 125073
KeyPoint Partners, LLC
Listed by KeyPoint Partners, LLC
$3,637,000
709 days on market
Updated 1 day ago

665 Cochituate Road

Details
Property Type Retail, Office
Square Footage 10,240
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Class B
Stories 2
Zoning M-1
Parking Spaces 60 spaces
Parking Per SqFt 5.86
Investment Type Stabilized
Ground Lease No

Single tenant asset in a trophy location

Marketing description

665 Cochituate Road at 665 Cochituate Road, Framingham, MA presents a compelling net-leased investment opportunity in one of MetroWest Boston’s most dynamic retail and commercial corridors. This attractive two-story, 10,240 SF building is 100% occupied by Temescal Wellness, an established cannabis dispensary that has operated at the property since 2016. Positioned just off Exit 117 of the Massachusetts Turnpike, the property benefits from exceptional regional accessibility and strong visibility near Natick Mall, Shoppers World, and the TJX corporate office. The site sits on 0.689 acres and offers approximately 60 off-street parking spaces, enhancing convenience for customers and staff alike. The asset is leased on a single-tenant NNN basis, providing durable cash flow with taxes, CAM, and insurance paid by the tenant. The current 15-year lease runs through June 30, 2031, and includes one 15-year renewal option, annual CPI rent increases, plus an additional 5% bump every five years. Surrounded by dense traffic counts and affluent demographics, with approximately 149,000 residents and average household income of $209,166 within five miles, this offering combines income stability, prime location, and an attractive current return.

Investment highlights

Trophy Location in close proximity to TJ Maxx corporate office, Natick Mall & Massachusetts Turnpike exit 117

Temescal Wellness cannabis dispensary has been open since 2016

Single tenant, NNN lease structure

Strong demographics; 149,000 residents with AHI of $209,000 within 5 miles

Listing Contacts

JA
RI REB.0015676, MA 125073
KeyPoint Partners, LLC
Listed by KeyPoint Partners, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
M-1 IndustrialLight IndustrialLight Manufacturing
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 90 uses
View all 90 uses
Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591