749 Middlesex Turnpike
749 Middlesex Tpke, Billerica, MA, 01821-3906, US
39,632 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) as exclusive advisor to the Owner, is pleased to present for sale 151 Charles F. Colton Road (the “Property”) located in Taunton, Massachusetts. Developed in 2014 as a built-to-suit for Sullivan Tire, the Property is a 198,720 square foot warehouse situated on 15 acres, presenting the rare opportunity to acquire a modern logistics and distribution facility within Massachusetts’ largest Master-Planned industrial park.
151 Charles F. Colton Road is well positioned within Myles Standish Industrial Park, offering easy access to major transportation routes including I-495, I-95, Route 24, & Route 44. The Property is situated in a prime distribution and logistics hub within Greater Boston; 24 miles from Providence, 40 miles from Boston, and 53 miles from Worcester.
The Property is 100% leased to Sullivan Tire, a leader in the New England tire and automotive service industry, who just inked a 5 year lease extension with 3.25% annual increases providing future ownership a durable cash-flow stream. This offering presents investors a rare opportunity to acquire a Class A logistics facility with a stable tenant in a high barrier-to-entry market.