120 Gilboa St

For Lease

120 Gilboa St, Douglas, MA 01516

120 Gilboa St currently offers 2 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include industrial. The minimum space size listed is 7,169 square feet. Lease type options include NNN. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 120 Gilboa St.

Space Available For Lease 2

Contacts

broker

Jonah D. Glickman

NAI Glickman Kovago & Jacobs

(508) 753-9100

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 300,326 SF
  • Units 6
  • Lot Size 13.66 Acre
  • Year Built 1904
  • Date Updated Mar 29, 2024
  • HVAC None
120 Gilboa Street, Douglas, MA sits less than a mile off of Route 146 presenting a prime location with access to major highways: Route 146: < 1 mile east for easy access to Worcester (15-miles) and Providence (25-miles) I-495: ~ 15 miles east to service Greater Metro Boston (Lowell: 55-miles and Foxborough: 30-miles) as well as access to southern points like Cape Cod (Bourne: 75-miles) and north to the New Hampshire Seacoast (Seabrook: 80-miles). I-90: ~ 10 miles north (via 146) for access to Boston (50-miles) and Springfield (60-miles) I-395: ~ 10 miles west for easy access to CT destinations (Hartford: 70-miles)The 300,328 square foot industrial building located at 120 Gilboa Street in Douglas, MA, presents an opportunistic investment opportunity for buyers seeking property in Worcester County. Its strategic location offers convenient access to the Worcester, Providence and Boston markets, as well as the major highway systems in New England, lending itself to a wide variety of future users. Furthermore, commercial zoning allows for additional flexibility for the building's use. The two-story building is currently (~75%) occupied by six tenants with varying lease terms. The current Net Operating Income (NOI) supports a market rate offering, while the existing vacancy and potential lease turnover create value-added opportunities in the near future. For access to the building's financial information, please reach out to one of the listing agents. Alternatively, you can execute the Non-Disclosure Agreement (NDA) available on our website to access the data room containing the financial information {if we can make that}120 Gilboa St in Douglas, MA, presents two industrial units currently available for lease. With convenient access to Route 146, these spaces are ideally situated for users catering to both the Worcester and Providence markets. Unit 1 offers approximately 7,125 square feet of warehousing space, priced at $8 per square foot NNN. Unit 2 features approximately 40,000 square feet of warehousing space, primarily suited for dry storage, and is available at $2 per square foot NNN. Both units have access to a shared loading area and ample on-site parking.

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Getting around

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Location

  • City Douglas, MA
  • Neighborhood East Douglas
  • Zip Code 01516
  • Market Worcester Springfield

Points of Interest

  • Speedway

    3.97 miles

  • Sutton Center Store

    5.65 miles

  • Cumberland Farms

    8.83 miles

  • Gulf

    9.85 miles

  • Village Pizza

    2.39 miles

  • New China Pacific Restaurant & Lounge

    3.00 miles

  • Dunkin'

    3.91 miles

  • Burger King

    3.91 miles

  • McDonald's

    3.99 miles

  • Rick's Hilltop Pub

    5.75 miles

  • Willow Brook

    7.56 miles

  • Rose Garden

    8.05 miles

  • A&D Pizza and Pub

    8.07 miles

  • Subway

    8.10 miles

120 Gilboa St Listing Brief

  • The rental rate for available space here starts at $2.00. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 1904, the property at 120 Gilboa St incorporates 300,326 square feet.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

    Multi-tenant space is ideal for businesses that need smaller spaces or that want to share the property with other businesses. The property has a variety of smaller units available, ranging in size from 7,169 to 40,000 square feet.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jonah D. Glickman

NAI Glickman Kovago & Jacobs

(508) 753-9100

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