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106 Herrick St - NVA | New Construction | 15 Yr NNN Lease 8,512 SF Health Care Building Offered at $4,901,167 at a 6% Cap Rate in Merrimack, NH 03054
Investment Highlights
- Stable Investment – The property is backed by a long-term NNN lease with ±15 years remaining and dependable 2% annual rent increases
- Prime Location – The ±8,000 SF practice is extremely well located along Beachwood Dr, offering excellent visibility and easy access to major transport
- New Construction – Newly constructed, purpose-built veterinary facility completed in 2025.
- Healthcare Real Estate | Recession Resistant Property – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns
- Established Platform – National Veterinary Associates (NVA) partners with locally led veterinary hospitals that offer a full spectrum of medical
- Scheduled Rental Increases | Hedge Against Inflation – The lease features 2% annual rental escalators, providing a future owner
Executive Summary
Broker of Record
Brian Brockman
License # 075994 (NH)
Bang Realty- New England, Inc.
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241
(866) 889-0550
Brian Brockman
License # 075994 (NH)
Bang Realty- New England, Inc.
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241
(866) 889-0550
Property Facts
| Price | $4,901,167 | Lot Size | 1.51 AC |
| Price Per Bed | $4,901,167 | Building Size | 8,512 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Year Built | 2025 |
| Price | $4,901,167 |
| Price Per Bed | $4,901,167 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | |
| Lot Size | 1.51 AC |
| Building Size | 8,512 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2025 |
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Property Taxes
| Parcel Number | MRMK-000302D-000021 | Improvements Assessment | $0 |
| Land Assessment | $287,000 | Total Assessment | $287,000 |
Property Taxes
Parcel Number
MRMK-000302D-000021
Land Assessment
$287,000
Improvements Assessment
$0
Total Assessment
$287,000
Contacts
-
Andrew Evans -
Tyler Swade -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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106 Herrick St - NVA | New Construction | 15 Yr NNN Lease
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