62 Forest StMarlborough, MA 01752

Property Details for 62 Forest St

Year built

2000

Construction

STEEL FRAME

Lot size

6.07 AC

Property size (Sq ft)

91,112 SF

Property type

Office buildings

APN

MARL M:102 B:001 L:01A

APU

MARLM102B001L01A

Description

Lake Williams Corporate Center offers 51,182 square feet of immediately available Class A executive office space within a 91,704 square foot, three-suite building. Individual suites range from 6,906 to 30,305 contiguous square feet, featuring turnkey buildouts with efficient floor plans including reception areas, breakrooms, private offices, meeting rooms, open work areas, and storage. Amenities include ample surface parking, sunlit atriums, tenant directories, and a Wired Certified Gold infrastructure with multiple high-speed internet providers (Verizon FiOS-Fiber, Crown Castle Fiber-Fiber, Comcast-Coaxial, Verizon-Copper, Verizon-Fiber, and Windstream-Fiber). On-site amenities include a café, common seating areas, a game area, and outdoor patios. The property enjoys a prime location in Middlesex County, directly adjacent to the I-495/Route 20 interchange and the new I-495 Exit 23C, with easy access to the Massachusetts Turnpike (I-90) and nearby amenities such as restaurants, retail, daycare, and the Marlborough/Westborough Boston Logan Airport Shuttle. This tranquil 61-acre lakeside setting is part of a larger 210,000 square foot master-planned business park, and is home to regional corporate neighbors including TJX, Hologic, Wellington Management, and IPG Photonics. Monument signage is also available.

• CAP approach

  CAP return

  Valuation

  6%

  $15,063,535

  6.5%

  $13,904,802

  7%

  $12,911,602

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,904,694

  Geo Method

  $11,904,694

• Alternative Use

  Use

  Valuation

  Residential

  $17,241,954

  Hospitality

  $15,793,537

  Educational

  $13,140,038

  Medical

  $13,591,944

  Retail

  $20,440,058

Location Insight

City

Marlborough

County

Middlesex

State

Massachusetts

Latitude

42.3313

Longitude

-71.5714

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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