463 Swansea Mall Dr - Medical FOR SALE
Swansea, MA 02777 |
$30,769,231 USD
949-662-2256
463 Swansea Mall Dr
Swansea, MA 02777
HIGHLIGHTS
- STABLE LONG-TERM INVESTMENT | OPTIONS TO EXTEND – The NNN lease has just under 15 years remaining, with 2.75% annual rental increases after year 3
- SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION – The lease features 2.75% annual rental increase after year 3
- HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY – Veterinary Hospitals are extremely sought-after investments
- TENANT INVESTMENT IN LOCATION – Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location
- CONVENIENT LOCATION – The subject property is well-positioned off Swansea Mall Drive, seeing more than 14,405 vehicles per day.
- NEARBY RETAIL – The property is surrounded by a mix of medical offices, schools, neighborhoods, and prominent retailers including Walmart Supercenter
FOR SALE DETAILS
PRICE
$30,769,231 USD
PRICE/SF
$847 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BAY STATE VETERINARY EMERGENCY
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
160
LAND DETAILS
LAND ACRES
8.38 AC
LAND SF
365,033 SF
ZONING
Commercial
APN/PARCEL ID
SWAN-000140-000000-000025C,SWAN-000150-000023
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949-662-2256
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949-662-2256
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