558 Clark Road
Tewksbury , Massachusetts 01876
- Listing Type:
- For Sale
- Listing Price:
- $10,200,000.00
- Property Type:
- Industrial
- Property Subtype:
- Manufacturing
- Year Built:
- 2003
- Listing Status:
- Active
- Building Size:
- 89700 SqFt
- Land Area:
- 6.84 Acres
Description:
The building currently occupied is comprised of over 20,000 square feet of office space and approximately 68,875 square feet of industrial space bringing the total leased area to a total of 88,873 square feet.
Evoqua Water Technologies, LLC leased the space in 2014 and recently expanded into the entire facility after making a $2,500,000 leasehold investment for improvements to better meet their specific needs. It is for this reason that it is strongly believed that the tenant will extend the lease as it gets closer to the 2021 date.
The building is very well constructed and was built in 2003 by ARCO beverage using high end materials and finishes. There are multiple docks, two entrances services by an elevator. Due o the great location and proximity to Boston and the demand for this type of space in the Greater Boston DMA for high quality R&D/Manufacturing space the intended us was modified to meet market demand and achieve highest and best value from a leasing perspective.
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