72 River Park Street, Needham

Commercial Property For Sale

CALL FOR OFFERS: JULY 25TH, 2019

EXECUTIVE SUMMARY

128 CRE is pleased to present 72 River Park Street in Needham, MA. The 21,654 SF two-story office building was constructed in 1983, and has since been modernized. Most recently, the building has benefited from common area upgrades improving the presentation of the lobby, hallways and rest rooms.

The building is fully leased to a diverse tenant roster with varying lease expirations, and enjoys an above market parking ratio of 3.6/1,000 SF. 72 River Park offers investors a tremendous investment opportunity within one of the strongest suburban submarkets in New England. Value-add upside exists for investors looking for stable core returns, or for an owner user.

Located along heavily trafficked Interstate-95 within the N2 Innovation District, the property is easily accessible from the North and South. Interstate-90 and MA Route 9, connecting the property to the East and West of Massachusetts, are located within less than 4 miles and 2 miles from the property. Great access coupled with extensive retail options on Highland Avenue and Needham Street, make 72 River Park Street one of the prime office locations just outside of downtown Boston.

72 River Park Street
Needham, MA

  • Status:For Sale
  • Asset Type:Office
  • Building Name:72 River Park
  • Property Address:72 River Park Street
  • Needham, MA 02494
  • Building SF:21,654 SF
  • Lot SF:72,619 SF
  • Area Amenities:
  • Investment type: Owner User
  • Confidentiality Agreement:Required

Jeremy A. Freid, SIOR

Jeremy A. Freid, SIOR

jeremyf@128cre.com
O:  +1 (617) 916-1215
C:  +1 (617) 959-1319
Adam T. Meixner

Adam T. Meixner

adamm@128cre.com
O:  +1 (617) 916-5399
C:  +1 (617) 304-6611
Doug Adamian

Doug Adamian

douga@128cre.com
O:  +1 (617) 916-0958
C:  +1 (617) 697-6057
Jordan B. Sneider

Jordan B. Sneider

jordans@128cre.com
O:  +1 (617) 916-5021
C:  +1 (617) 633-0909
Meghan Huebner

Meghan Huebner

meghanh@128cre.com
O:  +1 (617) 916-1028