110 Mt Wayte Ave, Framingham, MA
Office for Sale - $6,500,000 - 28,340 Sq. Ft.
Property Info
CIMLS# | 122746 |
Location 110 Mt Wayte Ave Framingham MA 01702 | |
Updated | October 25th, 2013 |
Type | Office |
Price | $6,500,000 |
Building | 28,340 Sq. Ft. |
Property Description
8.5% CAP RATE. This is a low management investment,in a good location with excess parking and stable tenants. High income. 136 spaces parking spaces. Tenants: Massachusetts Juvenile Trial Court and national dialysis ctr. tenant. 1,800 sf vacant. Good for medical offices, Metrowest Medical is about 1/2 away. Good for law firm - Framingham District Court is 3/4 mile away. 18,000 sf can be made available for owner occupant in 2014, Dialysis Center is a 10 year NNN lease with no kick-out.
Financials
call for income and expense sheet.
$550k NOI - 8.5% CAP RATE !
Owner is retiring.