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PROPERTY OVERVIEW

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TENANTS

TENANTS

NAI GLICKMAN KOVAGO & JACOBS IS PLEASED TO PRESENT THE OPPORTUNITY TO ACQUIRE THE FEE SIMPLE INTEREST IN 45 BARTLETT STREET, A +/- 43,774 SQUARE FOOT FLEX BUILDING IN MARLBOROUGH, MA. THE PROPERTY CURRENTLY HAS STABLE IN PLACE CASH-FLOW FROM TWO CREDIT-WORTHY TENANTS, INCLUDING THE OWNER OF THE PROPERTY, WHO WILL DO A SALE LEASEBACK ON A TRUE TRIPLE NET BASIS OF UP TO SEVEN YEARS UPON SALE OF THE PROPERTY. THE BUILDING UNDERWENT A FULL ROOF REPLACEMENT ONE YEAR AGO.

THERE IS CONSIDERABLE UPSIDE VIA LEASE-UP OF THE 10,000 SQUARE FOOT VACANCY IN THE BUILDING, WHICH CURRENTLY FEATURES 22' CEILING HEIGHTS THROUGHOUT, AND AMPLE POWER. FORMERLY A DATA CENTER, THE VACANCY PROVIDES A UNIQUE SWATH OF INFRASTRUCTURE THAT IS FIT TO ACCOMMODATE A WIDE ARRAY OF FUTURE TENANTS, INCLUDING HIGH BAY WAREHOUSERS, LIGHT AND/OR HEAVY MANUFACTURERS, LAB USERS, AND MORE. AT MINIMAL COST, THE SPACE CAN BE SHELLED-OUT TO CREATE A PERFECT 10,000 SQUARE FOOT RECTANGULAR LAYOUT WITH 22' CEILING HEIGHTS, EXCLUSIVE LOADING, AMPLE POWER, AND PARKING.

THE STABLE CASH FLOW, FUTURE UPSIDE, AND FLEXIBLE 10,000 SQUARE FOOT VACANCY MAKE 45 BARTLETT AN ATTRACTIVE OPPORTUNITY FOR BOTH VALUE-ADD INVESTORS AND OWNER-USERS OF SIMILAR FOOTPRINT SIZE.

Highlights

ONE (1) TAILBOARD HEIGHT LOADING DOCK AND ONE (1) DRIVE-IN DOOR

22' CLEAR HEIGHT

HEAVY POWER - 3,000 AMPS, EASILY EXPANDED TO 6,000 AMPS

FULLY AIR CONDITIONED

AMPLE PARKING

ONE CLASS 10,000 CLEAN ROOM

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