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463 Swansea Mall Dr
Swansea, MA 02777

$30,769,231 USD

Medical For Sale  •  36,316 SF

Property Details

  • Property Type Medical
  • Total Building Size 36,316 SF
  • Lot Size 8.38 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
33 Walk Score

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
Cap Rate: 6.50 %

Public Transportation

AirportDriveWalkDistance
Rhode Island Tf Green International 32 min - 20.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 160
Type: Surface
Included in Rent: Yes
Andrew Evans 949-662-2256 Matthews Real Estate Investment Services
Andrew Evans 949-662-2256 Matthews Real Estate Investment Services