MANSARD Successfully Facilitates Sale of 95 Billerica Avenue for $3,000,000
MANSARD successfully facilitated the sale of 95 Billerica Avenue in Billerica, Massachusetts for $3,000,000 to AZAD Legacy Partners. MANSARD sold the property on behalf of Taurus Investment Holdings. 95 Billerica Avenue is a 74,301 SF Flex/Office building that is situated on 13.12 acres. The building is currently 50% leased to Aved Electronics, through 2026. MANSARD produced 5 offers on the property through a vigorous 15-month marketing campaign, resulting in a closing price of 40/SF.
Open to a wide variety of uses, 95 Billerica Avenue can accommodate office, flex, light assembly and lab users. The property is well located with access to interstate 495 at Exit 37 and Route 3 as well as within 1/2 mile of MBTA Commuter Rail stop. The site is well proportioned with 263 parking spots and easy entry access off Billerica Avenue. Additional features include a dramatic two-story atrium, two tailboard loading doors with dock levelers, and an attractively landscaped site.