630 Boston Road
630 Boston road
Marketing description
128 CRE is pleased to present the opportunity to acquire 630 Boston Road in Billerica, a ±37,941 SF mixed-use office/industrial building offering stable in-place income with significant upside potential. The property currently generates consistent cash flow while presenting opportunities to enhance revenue through cosmetic renovations, lease-up of existing vacancy, and strategic repositioning of the asset. The building offers flexibility for both investors and owner-users alike. A prospective owner-occupant has the ability to occupy approximately 10,000 SF of available space, including high-clear industrial space with four drive-in doors, while benefiting from existing tenant income and future leasing opportunities throughout the remainder of the property. This creates an attractive long term occupancy solution in a supply-constrained suburban Boston market. Additionally, the asset is well-positioned for continued value creation through targeted capital improvements and proactive leasing initiatives. Strategically located along Boston Road with immediate access to Route 3, the property benefits from exceptional regional connectivity to Route 128/I-95, Interstate 495, and the surrounding Middlesex County markets. The building is also surrounded by a strong amenity base, including restaurants, retail, hotels, and other service-oriented conveniences that continue to attract and retain tenants within the submarket. As opportunities to acquire well located office/industrial assets in high-barrier-to-entry suburban markets remain increasingly limited, 630 Boston Road represents a compelling opportunity to acquire a cash-flowing asset with both near-term and long-term upside potential.
Investment highlights
In-Place Income
Value Add Upside
Owner-User Opportunity
Excellent Regional Access
Strong Market Fundamentals
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