665 Cochituate Rd - Office FOR SALE


Framingham, MA 01701
$4,666,000 USD
781-418-6225
665 Cochituate Rd, Framingham, MA for Sale
$4,666,000 USD
Office - FOR SALE
1/5
null | 9% Cap Rate

665 Cochituate Rd
Framingham, MA 01701


HIGHLIGHTS

  • Attractive two-story building containing 10,240 SF
  • Trophy location in close proximity to TJ Maxx corporate office, Natick Mall, Shoppers World, & Massachusetts Turnpike exit 117
  • Temescal Wellness cannabis dispensary has leased 1st floor since 2017
  • Hospitality Suites HQ, a joint venture with IWG, to occupy 2nd floor as of 1/1/2025
  • Strong demographics; 149,000 residents with AHI of $209,000 within 5 miles
  • A user-buyer can potentially occupy the second floor

OVERVIEW

The KeyPoint Investment Sales team has been exclusively engaged to sell the fee simple interest in 665 Cochitutate Road in Framingham, MA. This attractive two-story, 10,240 SF building enjoys a “trophy” location in close proximity to TJ Maxx Corporate offices, the Natick Mall, Shoppers World, and exit 117 from the Massachusetts Turnpike. The property enjoys strong demographics with 149,000 residents with AHI of $209,000 within 5 miles. Temescal Wellness, a respected cannabis dispensary, has occupied the first floor since 2017. Hospitality Suites HQ, a joint venture which includes IWG, a global leader in the shared office arena, will occupy the second floor as of January 1st. This desirable investment property produces a stable income stream for potential investors. Prior to December 1st, the 2nd floor can be delivered vacant, which presents an opportunity for user-buyers, seeking to occupy the space.

FOR SALE DETAILS

PRICE

$4,666,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,013 SF

ZONING

M1, Framingham

APN/PARCEL ID

FRAM-000084-000077-002163

ASK ABOUT THIS PROPERTY

Jonathan AronKeyPoint Partners, LLCMore Info
781-418-6225

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Jonathan AronKeyPoint Partners, LLCMore Info
781-418-6225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.