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33640516
33640515

303 Turnpike Road, Westborough, MA 01581

WK
MA MA 9585154, CT REB.0795271 (+1)
Kelleher & Sadowsky Associates Inc
CN
MA 9554247
Kelleher & Sadowsky Associates Inc
DH
MA 9​5​1​5​0​6​9
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc
$6,950,000
7 days on market
Updated 6 days ago

303 Turnpike Road

Details
APN 25-33-0
Property Type Retail
Sub Type Bank, Storefront
Square Footage 9,581
Cap Rate 6.04%
NOI $419,990
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Acreage 4.135
Zoning Business Highway
Parking Spaces 70 spaces
Parking Per SqFt 7.31
Investment Type Net Lease
Tenant Credit Credit Rated

Retail | 6.04% CAP | 9,581 SqFt

Marketing description

Kelleher & Sadowsky Associates, Inc. is pleased to present 303 Turnpike Road, Westborough, MA for sale as a premier net-leased investment opportunity anchored by the credit tenancy of Chase Bank. The property offers investors stable and predictable cash flow with a strong net operating income (NOI) of $419,990 supported by long-term leases and institutional-grade tenancy.

Situated on ±5.82 acres along the highly trafficked Route 9 corridor, the asset benefits from exceptional visibility, direct frontage on Route 9, positioning it within one of Central Massachusetts' most established and desirable retail trade areas. The property's strategic location is further enhanced by surrounding national retailers including Walmart, Target, Starbucks, and McDonald's, generating substantial daily traffic and strong consumer activity. In addition, the site offers approximately ±70 parking spaces, providing outstanding convenience and accessibility.

Investment highlights

  • Chase Bank-anchored net-leased investment with stable, predictable cash flow
  • Strong in-place NOI of $419,990 supported by long-term leases
  • Prime Route 9 location with exceptional visibility and direct frontage
  • Positioned within a dominant retail corridor alongside Walmart, Target, Starbucks, and McDonald's
  • Expansive ±5.82-acre site with approximately 70 parking spaces and excellent accessibility

Listing Contacts

WK
MA MA 9585154, CT REB.0795271 (+1)
Kelleher & Sadowsky Associates Inc
CN
MA 9554247
Kelleher & Sadowsky Associates Inc
DH
MA 9​5​1​5​0​6​9
Kelleher & Sadowsky Associates Inc
Listed by Kelleher & Sadowsky Associates Inc

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$419,990.00
$34,999.17/mo

Valuation Metrics

0
DSCR
6.04%
Cap Rate
6.04%
ROI

Map

Zoning

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BA CommercialSpecial CommercialBusiness Highway
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Last updated Feb 26, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Will Kelleher
License
MA 9585154
Brokerage
Kelleher & Sadowsky Associates, Inc.
Title
Real Estate Broker
Brokerage Address
120 Front Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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