15 Pleasant Valley Rd - Freestanding FOR SALE


Sutton, MA 01590
$6,520,800 USD
781-776-4001
15 Pleasant Valley Rd, Sutton, MA for Sale
$6,520,800 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

15 Pleasant Valley Rd
Sutton, MA 01590


HIGHLIGHTS

  • Long Term Lease
  • Attractive Rent Increases
  • Zero Management Responsibilities
  • Strong Operator
  • Strategic Location
  • Recession & E-Commerce Resistant Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction, stand-alone ConvenientMD investment property located at 15 Pleasant Valley Road in Sutton, Massachusetts (the “Property”). ConvenientMD has a 15-year Absolute NNN lease with five (5), 5-year renewal options and an anticipated opening date of August 15, 2024. The lease includes 10% rental increases every five years throughout the initial term and renewal options. ConvenientMD is extremely well located at the intersection of Pleasant Valley Road and Worcester Providence Turnpike (MA Route 146), the area’s primary commercial and commuter corridor. The Property benefits from outstanding visibility, frontage and access and is positioned adjacent to the primary entrance to Pleasant Valley Crossing, a large new construction regional shopping center anchored by Market 32 (regional grocery store) and home to Fresenius, Starbucks, Five Guys and Verizon. The property is positioned at the commercial center of Sutton and is seconds from the area’s national and local retailers and restaurants. The Property is 4.5-miles from Interstate 90 (Massachusetts Turnpike) and 8-miles from downtown Worcester, the area’s commercial, financial, and medical hub. ConvenientMD is a growing presence in the rapidly expanding urgent care industry with 47 locations throughout Massachusetts, New Hampshire, and Maine with several additional locations in the development pipeline.

FOR SALE DETAILS

PRICE

$6,520,800 USD

PRICE/SF

$2,038 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ConvenientMD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

B2

APN/PARCEL ID

SUTT-000010-000000-000093

ASK ABOUT THIS PROPERTY

Todd TremblayHorvath & TremblayMore Info
781-776-4001

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Todd TremblayHorvath & TremblayMore Info
781-776-4001

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