312 Bedford St - Medical FOR SALE


Whitman, MA 02382
$5,300,000 USD
312-848-9100
312 Bedford St, Whitman, MA for Sale
$5,300,000 USD
Medical - FOR SALE
1/8
null | 7.5% Cap Rate

312 Bedford St
Whitman, MA 02382


HIGHLIGHTS

  • Fully leased to Boston Medical Center Health System under a triple-net lease with corporate guaranty.
  • More than six years of remaining lease term with 3% annual rent escalations and one five-year renewal option.
  • Investment-grade tenant with an S&P credit rating of BBB.
  • Located on MA Route 18 with 18,227 vehicles per day and excellent regional connectivity.
  • Positioned near major retailers and amenities, including CVS, Dunkin’, and Stop & Shop.
  • Recent capital improvements include new roof, HVAC upgrades, and interior renovations.

OVERVIEW

Marcus & Millichap is pleased to present the fee-simple ownership interest at 312 Bedford Street Whitman, MA. This single-tenant medical office property is fully occupied by BMC Health System operating under a triple-net lease structure with 3 percent annual rental increases and one five-year renewal option. There are 6-plus years remaining on the lease term. The lease is backed by a corporate guarantee. The Boston Medical Center (BMC) Health System operates this primary care outpatient clinic and provides comprehensive primary care and internal medicine services focused on preventive care, chronic disease management, and routine medical treatment for adult patients. The location serves as a community-based healthcare access point for residents of Whitman and surrounding South Shore communities, offering coordinated care in a convenient neighborhood setting. Boston Medical Center Health System is an academic, nonprofit healthcare network anchored by Boston Medical Center, a 500-plus bed teaching hospital affiliated with Boston University. The system is known for delivering comprehensive clinical care across more than 70 specialties while emphasizing accessible, equitable healthcare for diverse patient populations throughout Massachusetts and New England. The Whitman facility is part of BMC’s expanding regional network of community medical offices that provide primary care services while connecting patients to the broader resources of the Boston Medical Center Health System, including specialty care, advanced diagnostics, and hospital services across the region. The property is situated on a 2-plus acre lot with a building footprint of 15,648 square feet. It boasts excellent visibility along Bedford Street (18,227 vehicles per day) and offers ample parking with convenient access. Positioned across from high-traffic retailers such as McDonald’s, Dunkin’, and CVS, the location benefits from strong area traffic. The site is also located on MA Route 18, the primary commercial corridor, providing direct access to Bridgewater to the south. This well-maintained property is a prime location with excellent frontage in a thriving commercial area

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$339 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

HB

APN/PARCEL ID

WHIT-000022D-000002-000003

ASK ABOUT THIS PROPERTY

Frank RotiMarcus & MillichapMore Info
312-848-9100

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

Frank RotiMarcus & MillichapMore Info
312-848-9100

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