MA Hospital for Sale, Lease or Joint Venture

Special Purpose for Sale
Catylist Listing ID: 28832981
Property Subtypes: Health Care/Medical
Building Size (RSF): 75,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.55 Acres
Sale Price: See Agent
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 4/20/2021

Overview / Comments

MANSARD has been exclusively retained to market 14 Chestnut Place; 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. The property is 93% leased to HealthSouth through the end of 2013 and has a newly signed lease for a 6,500 SF dialysis center. 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.

Please contact Jeremy Cyrier, CCIM for a confidentiality agreement.

Sited near the key highway interchange of Routes 90 and 291, centrally located between Boston and Albany, NY, this location has long been a focal point for medical services to the area' s surrounding communities.

Attachments & Media

Additional Details

Nearest MSA: Springfield
County: Hampden
Tax ID/APN: 13C_3800_54_0
Zoning: BUSINESS A
Property Located Between: Boston & Albany, NY
Highway Access: Sited near the key highway interchange of Routes 90 and 291, centrally located between Boston and Albany, NY.
Site Description: 75,000 +/- SF hospital and medical office property located in just 70 miles west of Boston, .88 miles from the MassPike (90), and 7.2 miles from the I-91/90 interchange.
Year Built: 1984
Year Renovated: 2017

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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

Photograph of Listing Agent

Jeremy Cyrier

Mansard NECPE Member
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