24 Superior DrNatick, MA 01760

  • Office buildings
  • 115,496 SF
For Lease
$28/SF/YR View listing

Property Details for 24 Superior Dr

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.53 AC
Property size (Sq ft)
115,496 SF
Zone code
CII
Property type
Office buildings
APN
NATI M:00000017 P:0000005C
APU
NATIM00000017P0000005C

Description

This exceptional Class A office building, located at 24 Superior Drive in Natick, Massachusetts, presents a unique opportunity for businesses seeking prestigious executive office space. The five-story, 107,349 square foot red brick building boasts a prime location off Speen Street, providing convenient access to the Mass Turnpike and Route 9. Three suites are currently available, ranging from a minimum of 13,828 square feet to a maximum contiguous space of 20,620 square feet, offering flexibility for various business needs. A significant 51,460 square feet of vacant space is immediately available for occupancy. The building features a strong parking ratio of 3.12 spaces per 1,000 square feet, ensuring ample parking for tenants and their guests. On-site amenities enhance the tenant experience, including a full-service cafeteria and a fitness center, promoting employee well-being and convenience. Situated in Middlesex County, with a Natick, MA zip code of 01760, this property offers a blend of modern functionality and a desirable location. The building's multiple tenancy structure allows for a diverse range of businesses to thrive within the same complex. This is an exceptional opportunity to secure high-quality office space in a thriving business community. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,094,938
    6.5%
    $17,626,098
    7%
    $16,367,090
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,090,707
    Geo Method
    $15,090,707
  • Alternative Use

    Use
    Valuation
    Residential
    $21,856,360
    Hospitality
    $20,020,308
    Educational
    $16,656,662
    Medical
    $17,229,510
    Retail
    $25,910,362
24 Superior Dr, Natick, Massachusetts

Location Insight

City
Natick
County
Middlesex
State
Massachusetts
Latitude
42.3032
Longitude
-71.3768
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$201,959
$4,338,800
$12,134,200
$16,473,000
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FAQs

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