$ 4,400,000
267 Shrewsbury St Worcester, MA 01604
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$ 4,400,000
Est. payment | /mo
11,940 SqFt
$ 4,400,000
Est. payment | /mo
11,940 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,940 sqft
Price per Sqft $368
MLS Listing ID 73286355
HOA Y/N false
Year Built 1940
Annual Tax Amount $63,805
Tax Year 2024
Lot Size 0.460 Acres
Acres 0.46
Property Description
11,940 Sq. Ft. Medical Office Building For Sale. Sale Price: $4,400,000 Cap Rate: 6.62% Investments Highlights:-Long-Term, 15-Year Lease With Approximately 8 Years Remaining-Corporate Guarantee From DaVita Inc, $17BN in Assets, S&P Rating “BB”-Ten Percent (10%) Rental Increases Occurring Every Five (5) Years-Highly attractive Retail Corridor
Location
State MA
County Worcester
Zoning MG-2
Direction Frontage on Shrewsbury St and Nebraska St. Direct access to route 9 and close access to 290.
Exterior
Waterfront false
Total Parking Spaces 16
Others
Senior Community false
Listed by Greater Boston Commercial Properties, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "