108 Knowlton Corner Rd - ConvenientMD - Farmington, ME 1,262 SF Health Care Building Offered at $5,920,000 at a 6% Cap Rate in Farmington, ME 04938

This offering presents the opportunity to acquire a brand-new, 2025 build-to-suit ConvenientMD urgent care clinic located in Farmington, Maine, a stable medical hub serving Franklin County and the regional University of Maine system. The property features a new 15-year absolute NNN lease with six (6) five-year renewal options, ensuring long-term predictable cash flow with no landlord responsibilities. Rent escalations of 10% every five years provide excellent income growth. The site includes newly established cross-access to Wilton Road, ensuring excellent vehicular ingress/egress and permanent access continuity for the tenant.
ConvenientMD is a rapidly growing regional healthcare operator offering urgent care, clinical services, and onsite pharmacy dispensing. In addition to its expanding urgent care footprint, CMD has been experiencing notable growth in its Primary Care platform, which operates under the same corporate entity and provides meaningful support to the company’s overall financial strength and balance sheet. As a mission-critical and new high-volume facility for the brand, the Farmington clinic benefits from high visibility on the area’s dominant commercial corridor, surrounded by national retailers and essential services. This asset is exceptionally well-positioned for passive investors seeking stable yield, strong credit tenancy, and long-term security.