Surgery Center For Sale - Auburn

Office for Sale
Also listed as Industrial
Catylist Listing ID: 30721095
Property Subtypes: Medical
Building Size (RSF): 7,300 SF
Gross Building Area: See Agent
Gross Land Area: 11 Acres
Sale Price: $4,250,000
Unit Price: $582.19 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Access Surgery Center
Class of Space: Class
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

Opportunity for cash flowing property with expansion approvals. Access Surgery Center is a state-of-the-art, single-tenant building custom built in 2017 for outpatient orthopedic surgeries. Seven years remaining on a NNN lease (three additional five year option terms) with 2% annual rent increases. The property comes with approvals for an addition to the existing building and a second two-story, 12,000 sq/ft building. Septic system designed to accommodate second building. Located 10 minutes from Manchester in South-Central NH and 50 minutes from Boston, the surgery center is near Interstates 93 and 293, F.E. Everett Turnpike, NH Routes 101, 3 and 3A.

Current Tenants

Tenant Business Name Access Surgery Center
Is Renting? Yes
SF of Space Occupied 7,300 SF
Escalations 2.5%
Options Three, five year periods

Additional Details

Nearest MSA: Manchester-Nashua
County: Rockingham
Tax ID/APN: 000006000018000004
Airports: Manchester and Boston
Construction/Siding: Stucco
Parking Type: Surface
Total Parking Spaces: 88
Sprinklers: Wet
Heat Type: Propane
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 963 39,699 116,610
Median Age: 48.57 37.81 37.59
Households: 428 15,633 47,405


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