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Turnpike Properties 200 Turnpike Rd 43,520 SF 43% Leased Flex Building Chelmsford, MA 01824 For Sale
Investment Highlights
- 43,520 SF Industrial/Flex Building on 2.22 Acres
- Owner-User Opportunity
- Strategic Regional Connectivity
- Steady Cash-Flow with Value-Add Potential
- Versatile Building Layout with 12 Drive-In Doors
Executive Summary
128 CRE is pleased to present the opportunity to acquire 200 Turnpike Road in Chelmsford, MA, a multi-tenant industrial/flex property offering both income stability and the flexibility for owner occupancy.
The site consists of a 43,520 SF building on 2.22 acres (96,703 SF). The property provides immediate cash flow with multiple tenants in place, along with value-add potential through lease-up or repositioning. Vacancy on the second floor and mixed lease expiration dates create an
opportunity for an owner-user to occupy all or part of the building, with steady cashflow offsetting debt service.
Strategically located with direct access to the New Hampshire, northern Boston, and Route 2 markets, and minutes from Route 3 and I-495, 200 Turnpike Road also offers ample parking and strong regional connectivity.
This offering represents a compelling opportunity to acquire a versatile industrial/flex asset in a high-demand submarket characterized by limited supply and rising rents.
The site consists of a 43,520 SF building on 2.22 acres (96,703 SF). The property provides immediate cash flow with multiple tenants in place, along with value-add potential through lease-up or repositioning. Vacancy on the second floor and mixed lease expiration dates create an
opportunity for an owner-user to occupy all or part of the building, with steady cashflow offsetting debt service.
Strategically located with direct access to the New Hampshire, northern Boston, and Route 2 markets, and minutes from Route 3 and I-495, 200 Turnpike Road also offers ample parking and strong regional connectivity.
This offering represents a compelling opportunity to acquire a versatile industrial/flex asset in a high-demand submarket characterized by limited supply and rising rents.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1988 |
| Building Class | C | Parking Ratio | 5.1/1,000 SF |
| Lot Size | 2.22 AC | Clear Ceiling Height | 19’ |
| Rentable Building Area | 43,520 SF | No. Drive In / Grade-Level Doors | 12 |
| Zoning | IA, Chelmsford | ||
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 2.22 AC |
| Rentable Building Area | 43,520 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 5.1/1,000 SF |
| Clear Ceiling Height | 19’ |
| No. Drive In / Grade-Level Doors | 12 |
| Zoning | IA, Chelmsford |
Amenities
- Conferencing Facility
- Property Manager on Site
- Security System
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,276,546 CAD | |
| Land Assessment | $1,057,413 CAD | Total Assessment | $4,333,959 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,057,413 CAD
Improvements Assessment
$3,276,546 CAD
Total Assessment
$4,333,959 CAD
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Turnpike Properties | 200 Turnpike Rd
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