700 Technology Park, Billerica

As exclusive agent, Hunneman is pleasedto present

the opportunitytoacquire 700TechnologyPark Drive, A CLASS B office building totaling ±44,204 square feet located in Billerica, Massachusetts.

The property is conveniently located at Exit 27, off Route 3, between Route128/I-95 and I-495. Its proximity to two major highways, enable tenants to draw employees from both Southern New Hampshire and the surrounding communities of Greater Boston. In addition to the property's strategic location, the property features an updated modern lobby, HVAC efficiency improvements, common area renovations, upgrades to the fitness center, as well as improvements to the parking lots and landscaping. Meticulously maintained, 700 Technology Park Drive is 100% occupied by eight quality tenants, including Teledyne Dalsa, IPT Associates, and Thales USA. The building offers durable cash flow with credit tenancy as well as upside potential through lease roll-over. 700 Technology Park Drive provides an ideal opportunity for investors to acquire a stabilized first-class office building, with strong in-place income and significant upside. The asset is being offered for sale with an asking price of $4.2 Million, and is “free and clear” of existing debt, allowing investors to take advantage of today’s capital markets environment.

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700 Technology Park Drive | billerica, ma