348-Turnpike-Street-Canton-OM

NUMEROUS AMENITIES shopping, dining & entertainment

EASY ACCESS TO DOWNTOWN on the MBTA commuter rail

Lessthan30minutesSouthwestofBoston,thetownofCantonoffersawidevarietyofamenitiesforitsinhabitants.Known foritsrichhistoryandculture,Cantonisalsohometosomeofthebestpublic-schoolinstitutionsinthestate,spendingon average$14,168perstudent,over$2,400morethantheUSaverage.Canton’seconomyhasbeentremendouslystrongin recentyears,postinganunemploymentrateofmerely3.3%,over0.6%lowerthanthenationalaverage.Inadditiontothis, futurejobgrowthinthenexttenyearsisexpectedtoincreasesignificantly,makingCantonanidylliclocationformillennials seeking employment. Over thepast year,theRoute 128South Industrialmarket hasproven tobeastrongandcompetitivedivision,withdirect vacancy rates decreasing and rents hovering around $7 per square foot.Themarket as awhole has a total inventory of over 39.6million square feetwitha total vacancy rateof 7.5% in the fourthquarter of 2018.Average asking rents remain elevatedabove$7persquarefoot,withratesrangingfrom$5-$8persquarefootforindustrialspaceand$10-$15persquare footforFlex/R&Dspace.Whiletheareamaybelackingintheperceivedsuperiorregionalaccessibilitywhencomparedto submarketslikeRoute495WestorRoute495South,Rout128Southhasbenefitedfromdemandforlast-mileusersseeking proximitytopopulationcenters inBostonandlongtheRoute128loop.Initscurrentstate,theRoute128SouthIndustrial market is an ideal region for prospective businesses.

SALES COMPARABLES

11-19 PRODUCTION ROAD WALPOLE

121 LIBERTY STREET BROCKTON

980 TURNPIKE STREET CANTON

109-129 YORK AVENUE RANDOLPH

1735 TURNPIKE STREET STOUGHTON

CANTON

CANTON

PRICE

$1,285,000

PRICE

$3,425,000

PRICE

$4,250,000

PRICE

$4,500,000

PRICE

$1,150,000

ver

SALE DATE

February-18

SALE DATE

October-17

SALE DATE

July-17

SALE DATE

June-17

SALE DATE

February-16

SIZE

15,000 SF

SIZE

41,000 SF

SIZE

60,000 SF

SIZE

63,600 SF

SIZE

15,300 SF

$/SF

$86

$/SF

$84

$/SF

$71

$/SF

$71

$/SF

$75

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