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- LoopNet Team
104 Liberty St
Hanson, MA 02341
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a 100% leased 12.05% cap investment property in Hanson, MA
- Approximately 4.5 years remaining in the initial lease term with 3 (5-year) option periods to extend
- VCA is 29 miles from Logan International Airport, having served more than 42M passengers in 2019
- 9,250 SF situated on 2.27 acres with 185+/- feet of frontage on Route 58
- Veterinary Centers of America (VCA) corporate guaranteed lease
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Central Heating
- Natural Light
- Wi-Fi
- Air Conditioning
ABOUT 104 LIBERTY ST , HANSON, MA 02341
Opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, VCA investment property located in Hanson, Massachusetts. 104 Liberty Street features 9,250 SF of 100% leased medical office space. Upon receipt of a special permit from the Town of Hanson, the tenant, VCA Animal Hospital, completed a high six-figure build-out via a sublease of the premises from Steward Healthcare for the balance of their initial term through 7/31/2024. The lease will become direct to the landlord 8/1/2024 upon execution of the first of 3, 5-year extensions with 2.5% annual rent increases. The lease is NNN with landlord responsibilities limited to roof, structure, foundation, and parking lot. The tenant has first right of refusal.
PROPERTY TAXES
| Parcel Number | HANS-000091-000000-000011 | Improvements Assessment | $1,493,300 |
| Land Assessment | $225,100 | Total Assessment | $1,718,400 |
PROPERTY TAXES
