106 Herrick St - Health Care FOR SALE
Merrimack, NH 03054 |
$4,901,167 USD
949-662-2256
106 Herrick St
Merrimack, NH 03054
HIGHLIGHTS
- Stable Investment – The property is backed by a long-term NNN lease with ±15 years remaining and dependable 2% annual rent increases
- Healthcare Real Estate | Recession Resistant Property – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns
- Prime Location – The ±8,000 SF practice is extremely well located along Beachwood Dr, offering excellent visibility and easy access to major transport
- Established Platform – National Veterinary Associates (NVA) partners with locally led veterinary hospitals that offer a full spectrum of medical
- New Construction – Newly constructed, purpose-built veterinary facility completed in 2025.
- Scheduled Rental Increases | Hedge Against Inflation – The lease features 2% annual rental escalators, providing a future owner
FOR SALE DETAILS
PRICE
$4,901,167 USD
PRICE/SF
$576 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
NVA | New Construction | 15 Yr NNN Lease
PROPERTY TYPE
Health Care
ADD'L SUBTYPES
Hospital
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.51 AC
LAND SF
65,776 SF
ZONING
-
APN/PARCEL ID
MRMK-000302D-000021
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-662-2256
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
949-662-2256
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
