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295 Foster St
Littleton, MA 01460

Auction:8/21 - 8/23: 295 Foster Street · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
96,394 SF
Building Class
A
Year Built/Renovated
1982/2015
Percent Leased
82%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
48,197 SF
Building FAR
0.11
Lot Size
19.54 AC
Zoning
IA, Littleton - Industrial (IA)
Parking
437 Spaces (4.52 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Route
  • Controlled Access
  • Commuter Rail
  • Fitness Centre
  • Food Court
  • Food Service
  • Property Manager on Site
  • Security System
  • Signage
  • Storage Space
  • Central Heating
  • High Ceilings
  • Lift Access
  • Natural Light
  • Partitioned Offices
  • Recessed Lighting
  • Shower Facilities
  • Wi-Fi
  • Air Conditioning

About 295 Foster St , Littleton, MA 01460

Property tours are available by appointment ONLY. Please contact Chris Devaux at 617-951-4124 or cdevaux@lpc.com. Investment Highlights 96,935 SF two-story office building Property is currently 77% leased at an average of $15/PSF Easily accessible from both I-495 and MA-2 Average tenant lease term of 3.6 years Located on a 19.54 acre parcel Fully renovated in 2015 Includes a fitness center and cafe 4.52 surface parking spaces per 1,000 SF Investment Overview 295 Foster Street (the "Property") is a two-story, 96,935 SF office building located in Littleton, MA . The Property is situated on Foster St, directly south of the I-495 and MA Route 2 connector, on a 19.54 acre parcel. It is currently 77% occupied at an average of $15 PSF, with the average lease term being approximately 3.6 years. Originally built in 1982, the Property subsequently underwent major improvements in 2015. Renovations to the asset included common areas, lobby, glass stair railing, entirely new window and frames throughout the building and additions of new tenant amenities to the building including a lounge area, fitness center and a shared conference room. 295 Foster Street is located in Middlesex County, Massachusetts, in the town of Littleton. As of 2017, the estimated population within a 5-mile radius of the Property is 50,062, with an average age and income of 39.9 years and $146,552 respectively. Freight travels daily through Littleton over the tracks of the historic Stony Brook Railroad. The line currently serves as a major corridor of Pan Am Railway's District 3 which connects New Hampshire and Maine with western Massachusetts, Vermont, and New York. The Property is less than a mile from both I-495 and Route 2, and has additional access to Route 2A, Route 110, and Route 119. Nearby cities include Leominster (14.2 miles), Lowell (16 miles) and Boston (35.7 miles). This offering presents new owners with the incredible opportunity to operate an easily accessible, 77% leased office building with strong value-add potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LITT-000010R-000002-000002
Land Assessment
£1,939,787
Improvements Assessment
£3,459,672
Total Assessment
£5,399,459
  • Listing ID: 7992634

  • Date on Market: 06/07/2017

  • Last Updated:

  • Address: 295 Foster St, Littleton, MA 01460

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