7237 US-7 - Medical FOR SALE


Pownal, VT 05261
$3,195,000 USD
312-548-6822
7237 US-7, Pownal, VT for Sale
$3,195,000 USD
Medical - FOR SALE
1/6
null | 6.18% Cap Rate

7237 US-7
Pownal, VT 05261


HIGHLIGHTS

  • Corporate Guaranty (Dartmouth Health)
  • Long Term Lease
  • Attractive Rent Increases
  • Minimal Management Responsibilities
  • Recession Resistant Tenant
  • Higher Education Presence

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, Southwestern Vermont Medical Center, located 7237 US Route 7 in Pownal, Vermont (the “Property”). Southwestern Vermont Medical Center has been at this location since it was constructed and has 14+ years remaining on their lease with one (1), 15-year renewal option. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and the 15- year renewal option. Southern Vermont Medical Center is part of Southwestern Vermont Health Care (SVHC), an integrated healthcare system that operates as part of the Dartmouth Health network. The Property features a Corporate Guaranty from Dartmouth Health. The Property is strategically positioned along US Route 7, the primary commercial and commuter corridor serving Southwestern Vermont, providing excellent visibility, frontage, and accessibility. The well-maintained facility features attractive architectural design, prominent signage, and ample parking, enhancing its presence along this heavily traveled route. Located between Williamstown, Massachusetts and Bennington, Vermont, the Property benefits from proximity to the region’s two primary markets. Williamstown, approximately three miles to the south, is home to Williams College, a nationally recognized liberal arts institution that contributes to the area’s economic activity and visitor traffic. Bennington, located approximately 10 miles north, is the largest market in Southwestern Vermont and serves as a regional hub for employment, healthcare, and retail, featuring major employers, Southwestern Vermont Medical Center, and a mix of national and local grocers, retailers, and restaurants. This central positioning between two established markets supports consistent traffic and broad regional draw.

FOR SALE DETAILS

PRICE

$3,195,000 USD

PRICE/SF

$676 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southwestern Vermont Health Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.41 AC

LAND SF

235,660 SF

ZONING

-

APN/PARCEL ID

(156)US7-171

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

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