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Vantage Place 9 Industrial Rd 90,000 SF 100% Leased Office Building Milford, MA 01757 $11,865,320 CAD ($131.84 CAD/SF)



INVESTMENT HIGHLIGHTS
- Ideally Positioned off of I-495 (1-1.3 miles)
- Newley Renovated with Major Capital Improvements
- Long-term, Credit Worthy Tenants (Flex, Medical, Wholesale, Professional)
- Aggressive CAP Rate
EXECUTIVE SUMMARY
Introducing a newly renovated and improved multi-use commercial office building, perfectly situated directly off I-495 and ideally positioned within the triangle connecting Boston, Worcester, and Providence. With over $750,000 invested in capital improvements over the past six months, this property stands out as a premier, turnkey investment opportunity.
Recent enhancements include a new roof, repaired, replaced, and repainted EIFS, re-sealed pavement, and upgraded common interior lighting to energy-efficient LED fixtures. The property also boasts 10 of 12 restrooms completely renovated with new epoxy floors, refinished stalls, quartz countertops, and stylish black fixtures.
The grand entrance creates a remarkable first impression with all new carpeting, modern light fixtures, a grand chandelier, and an oversized welcome screen. This extensive renovation provides a fresh, professional environment for tenants and visitors alike.
The property is currently 87.74% leased to creditworthy, long-term tenants, offering investors a worry-free asset with stable returns and potential for further stabilization. Flexible IB (Highway Industrial) zoning enables a wide variety of future uses, including flex, manufacturing, wholesaling, medical, warehousing, and etc.
This asset offers a meticulously updated, versatile commercial multi-use building in a thriving location with excellent highway access and significant upside potential that is currently occupied with Medical, Flex, Wholesaling and Office users. Two small spaces remain.
Recent enhancements include a new roof, repaired, replaced, and repainted EIFS, re-sealed pavement, and upgraded common interior lighting to energy-efficient LED fixtures. The property also boasts 10 of 12 restrooms completely renovated with new epoxy floors, refinished stalls, quartz countertops, and stylish black fixtures.
The grand entrance creates a remarkable first impression with all new carpeting, modern light fixtures, a grand chandelier, and an oversized welcome screen. This extensive renovation provides a fresh, professional environment for tenants and visitors alike.
The property is currently 87.74% leased to creditworthy, long-term tenants, offering investors a worry-free asset with stable returns and potential for further stabilization. Flexible IB (Highway Industrial) zoning enables a wide variety of future uses, including flex, manufacturing, wholesaling, medical, warehousing, and etc.
This asset offers a meticulously updated, versatile commercial multi-use building in a thriving location with excellent highway access and significant upside potential that is currently occupied with Medical, Flex, Wholesaling and Office users. Two small spaces remain.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Building Size
90,000 SF
Building Class
B
Year Built
2000
Price
$11,865,320 CAD
Price Per SF
$131.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
45,000 SF
Slab To Slab
14’
Building FAR
0.22
Lot Size
9.56 AC
Zoning
IB - Highway Industrial
Parking
402 Spaces (4.47 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Commuter Rail
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PROPERTY TAXES
| Parcel Number | MILF-000046-000000-000009 | Improvements Assessment | $35,830,613 CAD |
| Land Assessment | $7,061,690 CAD | Total Assessment | $42,892,303 CAD |
PROPERTY TAXES
Parcel Number
MILF-000046-000000-000009
Land Assessment
$7,061,690 CAD
Improvements Assessment
$35,830,613 CAD
Total Assessment
$42,892,303 CAD
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Vantage Place | 9 Industrial Rd
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