Property Brochure - Jones Lang LaSalle
Property Brochure - Jones Lang LaSalle
Property Brochure - Jones Lang LaSalle
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For Sale<br />
7 Oak Park Drive<br />
Bedford, MA<br />
As the exclusive sales agent, <strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong> is<br />
pleased to offer for sale 7 Oak Park Drive, a two (2)<br />
story, 40,000-square-foot, fully occupied office/R&D flex building<br />
located in suburban Boston’s renowned Route 128 central corridor.<br />
Situated on 4.1 acres, the property is located within an established<br />
master planned office and technology business park with a quality<br />
tenant base, tremendous accessibility and an abundance of nearby<br />
conveniences including Burlington Mall, Lahey Clinic and numerous<br />
shops, restaurants and hotels.<br />
Located immediately off the Middlesex Turnpike and only minutes<br />
from Routes 3 and 128 (I-95), 7 Oak Park Drive represents a great<br />
opportunity for investors to acquire a fully occupied, stable property<br />
within a very accessible and desirable office park and at an attractive<br />
basis. 7 Oak Park Drive is being offered “as-is”, free and clear of debt<br />
and without an asking price.<br />
Investment Highlights<br />
» Quality office/R&D flex building<br />
» Stability with 100% occupancy through 2014<br />
» Desirable location with deep labor pool<br />
» Ample amenities in the immediate area<br />
including the Burlington Mall, Lahey Clinic,<br />
restaurants, hotels and shops
BOSTON<br />
Burlington<br />
Mall<br />
95 N<br />
Exit 27<br />
CROSBY DRIVE<br />
MIDDLESEX TURNPIKE<br />
3<br />
Tenant Summary<br />
Tenant S.F. % LED<br />
EM4 Inc. 29,484 74% April 2015<br />
Insulet 10,516 26% Sept. 2014<br />
TOTAL 40,000 100%<br />
INSULET<br />
Site Specifications<br />
Location 7 Oak Park Drive, Bedford, MA<br />
Land Area 4.135 Acres<br />
Zoning Industrial B<br />
Utilities Water & Sewer: Town of Bedford<br />
Electrical: NSTAR<br />
TelCom: Verizon<br />
Building Systems<br />
Electrical 1,600-amp, three-phase, four-wire, 277/480-Volt<br />
HVAC<br />
Four (two 25-ton, two 30-ton) rooftop-mounted<br />
electric HVAC units and approximately 16 VAV<br />
boxes and fan coil units.<br />
Fire / Life<br />
Safety<br />
Fire alarm system with multiple-zone fire alarm<br />
panel, auto dialer and a full coverage wet pipe<br />
sprinkler system.<br />
<strong>Property</strong> Specifications<br />
Year Built 1981 - 1982<br />
Square Feet 40,000 s.f.<br />
# of Floors Two (2)<br />
Ceiling Height Eight (8) feet<br />
Structure Structural steel with redbrick veneer<br />
Roof<br />
Low-slope, fully adhered, 2006 Firestone EPDM<br />
membrane roof<br />
Foundation Cast-in-place reinforced concrete foundation on<br />
grade<br />
Windows Insulated fixed or sliding ribbon windows<br />
Elevator One Dover, 3,000-pound capacity hydraulic<br />
elevator<br />
Parking 159 parking spaces (3.75 per 1,000 s.f.)<br />
Loading Dock One (1) tailboard loading dock<br />
For more information, contact:<br />
<strong>Jones</strong> <strong>Lang</strong> <strong>LaSalle</strong><br />
Capital Markets Group<br />
Scott Jamieson<br />
+1 617 531 4125<br />
scott.jamieson@am.jll.com<br />
Michael Smith<br />
+1 617 531 4132<br />
michael.smith@am.jll.com<br />
Brandon Dickason<br />
+1 617 531 4184<br />
brandon.dickason@am.jll.com<br />
or visit www.invsales.com
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