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20 Pondmeadow Dr
Reading, MA 01867
Office Property For Sale
EXECUTIVE SUMMARY
NAI Hunneman' s Capital Markets Group has been exclusively retained to sell an 81% condominium interest in 20 Pondmeadow Drive, Reading, MA, a two-story medical office building located in suburban Boston (Reading, MA), one of the top markets in the U.S. The offering is 52% triple-net leased on a long-term sale/leaseback basis to the Fertility Centers of New England ( FCNE ). 20 Pondmeadow Drive presents a unique opportunity to purchase a well-located, value-add medical office condominium with upside potential, inside Route 128. The asset is being offered without a formal asking price, free and clear of any existing debt. The property is located at exit 39 off Route 128, and is minutes from exit 39 off of Interstate 95. It is strategically surrounded by a wealth of area amenities including Market Basket, Gold's Gym, Jordan's Furniture, Home Depot, Golf Galaxy and Starbucks.
PROPERTY FACTS
| Property Type | Office | No. Stories | 2 |
| Property Subtype | Medical | Year Built | 1993 |
| Building Class | C | Parking Ratio | 6/1,000 SF |
| Lot Size | 2.33 AC | APN / Parcel ID | READ-000012-000703-000128 |
| Rentable Building Area | 30,864 SF | ||
| Zoning | Bus A, Reading | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | C |
| Lot Size | 2.33 AC |
| Rentable Building Area | 30,864 SF |
| No. Stories | 2 |
| Year Built | 1993 |
| Parking Ratio | 6/1,000 SF |
| APN / Parcel ID | READ-000012-000703-000128 |
| Zoning | Bus A, Reading |
