9 Loon Hill Rd - Medical FOR SALE


Dracut, MA 01826
$11,950,000 USD
918-269-6093
9 Loon Hill Rd, Dracut, MA for Sale
$11,950,000 USD
Medical - FOR SALE
1/15
null | 5.95% Cap Rate

9 Loon Hill Rd
Dracut, MA 01826


HIGHLIGHTS

  • Absolute NNN Lease Structure
  • Hospital-Level Guaranty | Investment-Grade Credit
  • Market-Dominant Health System
  • Purpose-Built Medical Facility Below Replacement Cost
  • Long-Term Lease with Favorable Renewal Options

OVERVIEW

Northmarq National Healthcare Group is pleased to present the opportunity to acquire the Lowell General Hospital Medical Office Building (MOB), a 27,324 square foot, purpose-built, three-story outpatient healthcare facility located at 9 Loon Hill Road in Dracut, Massachusetts, within the Greater Boston metropolitan area. Constructed in 2018, the property is just eight years old and was specifically designed for Lowell General Hospital, offering institutional-quality construction and modern clinical layouts well suited for long-term healthcare operations.

FOR SALE DETAILS

PRICE

$11,950,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lowell General Hospital Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,127 SF

ZONING

B3

APN/PARCEL ID

DRAC-000051-000080-000001-000003

ASK ABOUT THIS PROPERTY

Jeff MatulisNorthmarqMore Info
918-269-6093

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Jeff MatulisNorthmarqMore Info
918-269-6093

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