One Enterprise Drive_Property for Sale
One Enterprise Drive_Property for Sale
1 Enterprise Drive, Quincy, MA, 02171, US

One Enterprise Drive

Asset Description

As exclusive sales agent, JLL is pleased to present the unique opportunity to acquire the fee-simple interest in One Enterprise Drive (the “Property” or the “Asset”), a Class A office building in Quincy, Massachusetts totaling 320,090 square feet. Currently owned and formerly fully occupied by Blue Cross Blue Shield of MA, the Property is now 20% leased to three tenants, including Santander Bank, who recently signed a 50,000 square foot lease. Situated on 17.85+ acres, the seven-story property was renovated in 2022 and features high quality tenant amenities and physical characteristics, including a full service cafe, coffee bar, fitness center, conference centers, outdoor seating area, on-site mini convenience store, and a daycare center. Built adjacent to the property is an expansive three story 1,350 space structured parking garage.


The Property is located just seven miles south of Boston in the 128 south submarket. Set in the heart of North Quincy, One Enterprise is a seven minute walk to the MBTA North Quincy Red Line Station providing quick and convenient accessibility to Boston’s South Station and nearby Cambridge. The asset is immediately accessible to I-93 & Route 3 via the Neponset Avenue exit, providing convenient access from points north and south while western access is provided by the Mass Pike (I-90), which is only 10 minutes north on Route 3 and I-93.


One Enterprise Drive is being offered as-is, free and clear of any debt, and without an asking price.


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Attributes

Building area net
29,737 m²
Occupancy
20%
Year built
1982
Year renovated
2022
Land area gross
7.22 ha

Media

Investment Highlights

  • 320,090 square foot, class A office building on 17.85+ acres


  • Best in class asset with $15.8M+ in recent capital improvements 


  • Premier amenities and physical characteristics 


  • Highly accessible, transit-oriented location just seven miles south of Boston and a short walk to the MBTA North Quincy red line station 


  • Structured parking garage with 1,350 spaces 


One Enterprise Drive 4_Property for Sale
One Enterprise Drive 4_Property for Sale

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One Enterprise Drive (0 Properties)

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Last updated
24 Oct 2024