511 Newton St - Medical FOR SALE


South Hadley, MA 01075
$1,294,953 USD
781-776-4012
511 Newton St, South Hadley, MA for Sale
$1,294,953 USD
Medical - FOR SALE
1/5
null | 6.75% Cap Rate

511 Newton St
South Hadley, MA 01075


HIGHLIGHTS

  • Site Commitment & Lease Term
  • Attractive Rent Increases
  • Strong Operator
  • Minimal Landlord Responsibilties
  • Strategic Location
  • Recession & E-Commerce Resistant Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a VCA Animal Hospital located at 511 Newton Street in South Hadley, Massachusetts (the “Property”). The single tenant building contains 4,050 square feet on a 0.51-acre parcel. The tenant has operated at this location since 2006 and VCA has shown strong commitment to this site through multiple lease renewals. The lease currently has over 5 years of term remaining with one (1), 5-year renewal option. The lease calls for attractive 2% annual rent increases throughout the primary lease term and the renewal options. The Property is well located along Newton Street (MA Route 116), a primary commercial and commuter corridor serving South Hadley and the surrounding Pioneer Valley communities. Positioned within close proximity to Memorial Drive and the town’s primary retail concentrations, the site benefits from convenient access to grocers, national retailers, and local restaurants that drive consistent traffic to the area. The Property is also minutes from Mount Holyoke College, a major institutional anchor that supports daily population density and economic stability. Additionally, the location offers direct connectivity to Interstate 91, providing efficient access to Holyoke, Northampton, and the greater Springfield market.

FOR SALE DETAILS

PRICE

$1,294,953 USD

PRICE/SF

$320 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VCA

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

BA1

APN/PARCEL ID

SHAD-000028-000203

ASK ABOUT THIS PROPERTY

Aaron HuntleyHorvath & TremblayMore Info
781-776-4012

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Aaron HuntleyHorvath & TremblayMore Info
781-776-4012

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