103 Worcester St - Medical FOR SALE


North Grafton, MA 01536
$2,975,000 USD
310-919-5839
103 Worcester St, North Grafton, MA for Sale
$2,975,000 USD
Medical - FOR SALE
1/4
null | 7.93% Cap Rate

103 Worcester St
North Grafton, MA 01536


HIGHLIGHTS

  • Healthcare properties are sought after for their resistance to recessions, e-commerce, pandemics
  • All three leases are subject to rental increases throughout the Base Term and remaining Option Terms.
  • Located along high-trafficked Worcester St which sees over (±17,000 VPD), the highly visible property sits directly across from a busy Stop & Shop
  • All leases are subject to corporate or personal guarantees for the Base and Option Terms.
  • The asset is located in a dense, affluent market with a 5-mile population exceeding 105,000 people with income levels exceeding $127,000.
  • Dental support organizations rarely relocate due to high build-out costs of and difficulty in retaining the same patients after moving.

OVERVIEW

Broker of Record Kyle Matthews License No. 1000083-RE-RB (MA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

7.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CB

APN/PARCEL ID

GRAF-000046-000000-000190

ASK ABOUT THIS PROPERTY

Josh CordrayMatthews Real Estate Investment ServicesMore Info
310-919-5839

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Josh CordrayMatthews Real Estate Investment ServicesMore Info
310-919-5839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.