321 Speen StNatick, MA 01760

Property Details for 321 Speen St

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.99 AC

Property size (Sq ft)

215,426 SF

Zone code

CII

Property type

Retail properties

Property subtype

Super regional malls

APN

NATI M:00000017 P:0000004C

APU

NATIM00000017P0000004C

Description

This exceptional retail opportunity presents 9,000 square feet of vacant space within the Cloverleaf Shops, a single-tenant strip center totaling 180,868 square feet. Located at 321 Speen Street in Natick, Massachusetts (zip code 01760), this property boasts a highly visible street presence in Middlesex County. The existing building offers significant potential for a variety of retail uses, benefiting from its established location and ample space. The property's address is easily accessible and well-suited for attracting a substantial customer base. With 9,000 square feet available for lease, this space provides a significant opportunity for businesses seeking to establish or expand their presence in the thriving Natick market. The property type is retail, specifically a strip center, offering a convenient and attractive retail environment. The property's location in Natick, MA, provides access to a strong local economy and a dense population base. This is a single-tenant space, offering the unique advantage of exclusive occupancy and control. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity. Further details regarding lease terms and conditions are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $52,356,040

  6.5%

  $48,328,652

  7%

  $44,876,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $70,931,856

  Geo Method

  $70,931,856

• Alternative Use

  Use

  Valuation

  Residential

  $40,767,024

  Hospitality

  $37,342,376

  Educational

  $31,068,418

  Medical

  $32,136,908

  Retail

  $48,328,652

Location Insight

City

Natick

County

Middlesex

State

Massachusetts

Latitude

42.3036

Longitude

-71.3794

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].