Commercial Property Sold in Billerica, MA: 95 Billerica Avenue

MANSARD represented the seller in the historical sale of 95 Billerica Avenue, an approximately 75,000-square-foot office and flex property in North Billerica, Massachusetts. The transaction illustrates how a disciplined, sustained marketing process can create buyer interest for a partially occupied suburban flex asset with a broad range of potential uses.

This article documents a specific prior transaction. Its sale price, lease status, marketing timeline, buyer profile, and outcome were unique to that property and point in time. It is not a current valuation opinion or a prediction of what another Billerica property would sell for today.

95 Billerica Avenue Sale at a Glance

At closing, the building was approximately 50% leased to Aved Electronics, a contract manufacturer of battery packs, cable assemblies, and box-build solutions. The existing lease provided current income while leaving the buyer with future lease-up and repositioning potential.

Property Features That Supported a Broad Buyer Pool

Flex and office properties can appeal to multiple types of buyers when their physical design, location, and site functionality create more than one plausible path forward. At 95 Billerica Avenue, the building and site supported office, flex, light assembly, and R&D-oriented use scenarios.

• Brick façade with a two-story atrium
• Two tailboard loading doors with dock levelers
• 263 parking spaces and two curb cuts along Billerica Avenue
• Professionally landscaped 13.12-acre site
• Access to I-495 at Exit 37 and Route 3
• Location within approximately one-half mile of an MBTA Commuter Rail stop

Those characteristics mattered because the likely buyer pool was not limited to one use or one type of investor. The property could be evaluated by owner-users seeking future expansion space, value-add investors comfortable with leasing risk, and operators looking for a well-located suburban asset with operational flexibility.

How the Marketing Process Created Multiple Offers

MANSARD conducted a continuous 15-month marketing campaign and generated five offers before the sale closed. The process was designed to reach several buyer profiles in parallel rather than assuming that one audience would define the property’s value.

1. Position the asset around its flexibility. The campaign emphasized the property’s potential for office, flex, light assembly, and R&D-related use, rather than treating it as a single-purpose vacancy story.
2. Reach distinct buyer groups. Targeted outreach included owner-occupants, value-add investors, and operators familiar with the I-495 and Route 3 corridor.
3. Frame the occupancy realistically. Partial occupancy created both current income and future leasing opportunity. The marketing process addressed those two sides of the investment case directly.
4. Maintain market discipline. The campaign continued through slower periods rather than reacting prematurely to early activity. That persistence helped surface additional buyer interest and supported a completed transaction.

What This Historical Sale Does—and Does Not—Indicate

The sale provides useful context for the types of attributes that can matter in Billerica flex and office transactions: highway access, building functionality, parking, loading, transit accessibility, existing tenancy, and room for a buyer to execute a future business plan. It does not establish a current value range for other properties.

Commercial property value changes with the asset’s condition, tenancy, lease terms, buyer demand, capital markets, financing availability, zoning, and the competitive properties available at the time of sale. A current valuation should be based on property-specific analysis and recent market evidence, not on a single historic transaction.

What Billerica Commercial Property Owners Should Consider Before Selling

Owners evaluating a sale of industrial, office, flex, or investment property in Billerica should start before the property goes to market. The work done before outreach begins can affect buyer confidence, price, transaction timing, and the owner’s ability to evaluate competing offers.

• Clarify the owner’s objective. Timing, net proceeds, tenant issues, tax considerations, operational needs, and confidentiality can all shape the appropriate sales process.
• Organize property and diligence information. Financials, leases, operating data, site plans, capital history, and known property issues should be understood before they become buyer questions.
• Identify likely buyer profiles. An industrial or flex property may appeal to owner-users, investors, developers, or strategic buyers for different reasons. The outreach strategy should reflect those differences.
• Develop a defensible value and marketing plan. A thoughtful plan considers current comparable sales, listings, buyer demand, lease-up risk, and the property’s most relevant competitive set.

MANSARD’s Strategic Asset Evaluations and seller representation services help owners make those decisions with clarity. A pre-sale strategy session can help identify the questions most likely to affect a sale before the property is introduced to the market.

Frequently Asked Questions About the 95 Billerica Avenue Sale

Talk Through Your Billerica Commercial Property Strategy

If you are considering selling or repositioning a commercial property in Billerica or the I-495 corridor, MANSARD can help you evaluate your options before you make a commitment. Schedule a confidential pre-sale strategy call or call (617) 674-2043.