155 Airport Rd - Medical FOR SALE


Fitchburg, MA 01420
$2,095,000 USD
978-302-6377
155 Airport Rd, Fitchburg, MA for Sale
$2,095,000 USD
Medical - FOR SALE
1/32
null | 7.67% Cap Rate

155 Airport Rd
Fitchburg, MA 01420


OVERVIEW

Whether you are a seasoned investor looking to add to your portfolio, or you are looking for a great foundational piece to your business, this is the opportunity for you! The building consists of over 5000Sq ft of office/medical space, currently occupied by a medical facility, with a lease running through the end of 2031. Cap rate is 7%. Lease payments increase by 2.5% each year, increasing NOI. New parking lot 2018. New Roof. Tenant about to undertake considerable upgrades to the interior with a renovation at their expense. Floor plans attached. Reach out for additional info!

FOR SALE DETAILS

PRICE

$2,095,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

7.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical Office Building For Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,911 SF

ZONING

I

APN/PARCEL ID

FITC-000142-000010-000001

ASK ABOUT THIS PROPERTY

Neil FredetteThe Fredette Group at Keller Williams MVMore Info
978-302-6377

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Neil FredetteThe Fredette Group at Keller Williams MVMore Info
978-302-6377

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