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$ 4,400,000
Est. payment | /mo
11,940 SqFt
$ 4,400,000
Est. payment | /mo
11,940 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,940 sqft
Price per Sqft $368
MLS Listing ID 73286355
HOA Y/N false
Year Built 1940
Annual Tax Amount $63,805
Tax Year 2024
Lot Size 0.460 Acres
Acres 0.46
Property Description
11,940 Sq. Ft. Medical Office Building For Sale. Sale Price: $4,400,000 Cap Rate: 6.62% Investments Highlights:-Long-Term, 15-Year Lease With Approximately 8 Years Remaining-Corporate Guarantee From DaVita Inc, $17BN in Assets, S&P Rating “BB”-Ten Percent (10%) Rental Increases Occurring Every Five (5) Years-Highly attractive Retail Corridor
Location
State MA
County Worcester
Zoning MG-2
Direction Frontage on Shrewsbury St and Nebraska St. Direct access to route 9 and close access to 290.
Exterior
Total Parking Spaces 16
Others
Senior Community false
Listed by Greater Boston Commercial Properties, Inc.
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449