267 Shrewsbury St Active

Worcester,MA 01604

$ 4400000

- Bed

- Bath

11940 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

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