1287 S Main St - Medical FOR SALE


Athol, MA 01331
$955,000 USD
800-385-6421
1287 S Main St, Athol, MA for Sale
$955,000 USD
Medical - FOR SALE
1/12
null | 7.49% Cap Rate

1287 S Main St
Athol, MA 01331


HIGHLIGHTS

  • Single-tenant medical office with corporate guarantee from Mars Inc.
  • Long-term lease in place through 2031 with renewal option and rent bumps.
  • Well-established veterinary clinic with over 45 years of continuous operations.
  • Located in a retail corridor featuring national tenants like Walmart and McDonald's.

OVERVIEW

This single-tenant medical office investment opportunity at 1287 S Main Street in Athol, MA, offers stable cash flow backed by a nationally recognized tenant. The property is occupied by VCA Adams Animal Hospital, a veterinary care provider supported by the Mars Inc. corporate guarantee, ensuring institutional-level credit quality for investors. The tenant recently extended its lease through June 2031 and includes one additional five-year renewal option, presenting long-term income security. The building spans 2,430 square feet on a 0.41-acre parcel and has been operating successfully as a veterinary hospital for over 45 years. Strategically located along South Main Street, the asset benefits from its positioning within a strong retail corridor, surrounded by national brands such as Walmart, McDonald's, and Tractor Supply Co. This internet-resistant tenant profile adds resilience in a shifting retail and office market environment. The property sits within an Opportunity Zone, creating added advantages for investors seeking potential tax incentives. Additional lease benefits include annual CPI rent adjustments, providing a natural inflation hedge and consistent revenue growth. With a 7.49% cap rate and a proven operating history, this offering combines durability, income stability, and favorable market dynamics.

FOR SALE DETAILS

PRICE

$955,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

-

APN/PARCEL ID

ATHO-000020-000097

ASK ABOUT THIS PROPERTY

Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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