Catylist ID:
#28889698
| Catylist Listing ID: | 28889698 |
| Property Subtypes: | Institutional, Medical |
| Contiguous Space: | 5,000 - 69,000 SF |
| Building Size (RSF): | 69,000 SF |
| Gross Building Area: | 75,000 SF |
| Lease Rate: |
$9 PSF (Annual) |
| Base Monthly Rent: | $51,750 |
| Lease Types: | NNN |
| In Opportunity Zone? | Yes |
| Class of Space: | Class B |
| Last Updated: | 5/24/2023 |
Overview / Comments
|
Special Purpose Property For Lease 14 Chestnut Place, Ludlow, MA 01056 Total Space Available: 69,000 SF Rental Rate: $9 /SF/Year Min. Divisible: 5,000 SF Property Type: Special Purpose Property Sub-type: Special Purpose (Other) Additional Sub-types: Medical Office Building Size: 75,000 SF Lot Size: 0.55 AC Lease Type: NNN Date Available: Jun 2014 Description Great opportunity for congregate care, medical office, education, social assistance and healthcare providers servicing the greater Springfield market. The property was 93% leased to HealthSouth through the end of 2013 and has a newly signed lease for a 6,500 SF dialysis center. Year end 2013 net operating income equalled $735,517. The property is being offered for lease, joint venture redevelopment or sale, free and clear of any financing, allowing investors to take advantage of today' s attractive debt markets to deploy capital. 14 Chestnut Place is a 75,000 +/- SF rehabilitation hospital located in just 70 miles west of Boston, .88 miles from the MassPike (90), and 7.2 miles from the I-91/90 interchange. |
Expand All Available Space
| Suite: 1 | 69,000 SF | $9 PSF (Annual) NNN |
| Level/Floor: | 1 | |
| Space Available: | 69,000 SF | |
| Minimum Divisible: | 5,000 SF | |
| Lease Rate: |
$9 PSF (Annual) $51,750 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | Special Purpose Property For Lease
14 Chestnut Place, Ludlow, MA 01056 Total Space Available: 69,000 SF Rental Rate: $9 /SF/Year Min. Divisible: 5,000 SF Property Type: Special Purpose Property Sub-type: Special Purpose (Other) Additional Sub-types: Medical Office Building Size: 75,000 SF Lot Size: 0.55 AC Lease Type: NNN Date Available: Jun 2014 Description Great opportunity for congregate care, medical office, education, social assistance and healthcare providers servicing the greater Springfield market. The property was 93% leased to HealthSouth through the end of 2013 and has a newly signed lease for a 6,500 SF dialysis center. Year end 2013 net operating income equalled $735,517. The property is being offered for lease, joint venture redevelopment or sale, free and clear of any financing, allowing investors to take advantage of today' s attractive debt markets to deploy capital. 14 Chestnut Place is a 75,000 +/- SF rehabilitation hospital located in just 70 miles west of Boston, .88 miles from the MassPike (90), and 7.2 miles from the I-91/90 interchange. |
|
| Space Subcategory: | Medical, Institutional | |
| Date Available: | 2/1/2014 | |
| Space Type: | Sublet | |
| Tax Expenses | $1 PSF (Annual) | |
Additional Details
| Nearest MSA: | Springfield |
| County: | Hampden |
| Tax ID/APN: | 13C_3800_54_0 |
| Zoning: | CB |
| Highway Access: | 14 Chestnut Place is a 75,000 +/- SF rehabilitation hospital located in just 70 miles west of Boston, .88 miles from the MassPike (90), and 7.2 miles from the I-91/90 interchange. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 4 |
| Year Built: | 1910 |
| Construction/Siding: | Brick |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,850 | 61,756 | 166,063 |
| Median Age: | 37.74 | 39.04 | 36.79 |
| Households: | 4,203 | 23,797 | 62,095 |
Contact
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