124 Crescent Road, Needham, MA

Commercial Property For Lease

CALL FOR OFFERS: JANUARY 24TH, 2019

EXECUTIVE SUMMARY

128 CRE is pleased to present the opportunity to purchase 100 & 124 Crescent Road in Needham, MA. 100 & 124 Crescent Road can be purchased individually or as a package. The two buildings offer a total 32,350 SF of office and flex space on 2.05 acres which includes rare outdoor storage space. 100 Crescent Road is a 18,750 SF two-story office building on 0.93 acres. The building is ideal for an owner user who could occupy the soon to be vacant 4,200 SF first floor suite. 124 Crescent Road is a 13,600 SF warehouse/flex building on 1.13 acres with access to loading docks and drive-in doors in the below grade portion of the building. The building could be stabilized by extending tenants or ideal for an owner user by letting leases expire. 100 & 124 Crescent Road presents owner users with a rare opportunity to occupy a boutique flex/industrial property with a strong parking allotment and ample outdoor space for storage, as well as an office building with rental rate upside.

Positioned in the heart of Needham, 100 & 124 Crescent Road is surrounded by a wealth of long-standing companies and established employers while also providing easy access to the Needham Heights MBTA Commuter Rail Station (0.3 Miles, approx. 5-minute walk) and major transits such as Route 9 and Route 128/95 (less than 5-minute drive). As of one New England’s most exclusive and affluential communities, Needham’s combination of excellent schools, access to public transportation and proximity to Boston make it attractive to younger talent looking to join innovative companies, educational institutions and established employers such as, Shark Ninja, Trip Advisor, NBC Universal, Olin College and Harvard Vanguard Medical Associates.

100 & 124 Crescent Road are being offered for sale on an unpriced basis. 128 CRE will conduct site tours in the coming weeks with a “call for offers” to follow.