145 Wells Avenue, Newton, MA

Commercial Property For Lease

CALL FOR OFFERS - OCTOBER 27TH, 2021

EXECUTIVE SUMMARY

128 CRE is pleased to present 145 Wells Avenue in Newton, a stabilized investment opportunity to purchase a fully leased 18,865 SF building on 2.10 acres. The regional tenant, Children's Hospital occupies the full building with a newly signed 10 year NNN lease.

Located in the highly coveted Wells Avenue Office Park, and positioned in one of the hottest suburban markets, Wells Avenue Office Park is a master-planned one million square foot business park just minutes from Interstate 95/Route 128 access via the newly completed Kendrick Street exit. The office park is situated adjacent to the Charles River and the nearby Nahanton Park recreational trails. Amenities in the area include several hotels which provides hotel, conference and dining accommodations; Boston Sports Club, Goldberg’s Cafe and a variety of restaurant, retail and banking services. The building was recently upgraded with new base building systems, and significant tenant improvement dollars.

145 Wells Avenue is offered for sale on an unpriced basis. We will be conducting tours of the property in the coming weeks with a Call For Offers to follow.