600 Clark RdTewksbury, MA 01876

Property Details for 600 Clark Rd

Year built

1984

Construction

STEEL FRAME

Lot size

1.84 AC

Property size (Sq ft)

35,937 SF

Zone code

IH

Property type

Office buildings

APN

TEWK M:0012 L:0008 U:0000

APU

TEWKM0012L0008U0000

Description

This exceptional medical office building, located at 600 Clark Rd in Tewksbury, Massachusetts, offers a unique opportunity for healthcare professionals seeking flexible and well-appointed space. Built in 1984, this four-story building boasts a total of 35,024 square feet, currently featuring two suites. A significant portion of the building, totaling 12,227 square feet, is currently vacant and available for lease. The minimum leasable space is 2,227 square feet, while the maximum contiguous space available is 10,000 square feet, providing options for practices of various sizes. The building is conveniently situated in Middlesex County, with easy access to major transportation routes. Ample parking is provided, with a ratio of four parking spaces per 1,000 square feet of building space. This property presents a rare chance to establish or expand a medical practice in a thriving community, within a well-maintained building offering a blend of established infrastructure and modern functionality. The property's location in Tewksbury, MA, zip code 01876, ensures convenient access for patients and staff alike. The building's multiple suite configuration allows for adaptability to diverse practice needs. Inquire today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,941,460

  6.5%

  $5,484,424

  7%

  $5,092,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,695,528

  Geo Method

  $4,695,528

• Alternative Use

  Use

  Valuation

  Residential

  $6,800,686

  Hospitality

  $6,229,392

  Educational

  $5,182,781

  Medical

  $5,361,024

  Retail

  $8,062,104

Location Insight

City

Tewksbury

County

Middlesex

State

Massachusetts

Latitude

42.6313

Longitude

-71.2702

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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