Westborough, MA Bret O’Brien and Ben Gatti of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 291 Tpke. Rd. The 11,038 s/f retail building is located on 9.79 acres with frontage on Rte. 9.
Prior to the sale, O’Brien leased both units at the property, which were formerly occupied by Not Your Average Joes and Taste of Andhra.
The new tenants, procured by O’Brien, are Torito Mexican Restaurant in 5,500 s/f and Mitti Chulha in 5,538 s/f.
The property sold for $3.95 million which represents a per s/f price of $358 and a cap rate of 7.27%.