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29 Broad Street
Westfield, MA 01085
Asking Price
Contact for price
Asset Type
Medical Office Office
Class
Class B
What's Special
22,669 SqFt <ul><li>STABLE CASH FLOWING INVESTMENT WITH LONG-TERM TENANT OPERATIONS </li><li>HIGHLY FUNCTIONAL CONDOS DESIGNED FOR MEDICAL AND DENTAL OPERATIONS </li><li>MINIMAL LANDLORD OBLIGATIONSUNDER THE DOUBLE & TRIPLE-NET (NN & NNN) LEASES </li><li>LOCATED IN ESTABLISHED MEDICAL AND RETAIL CORRIDORS WITH STRONG DEMOGRAPHICS </li><li>PORTFOLIO FEATURES A 4.4 YEAR WEIGHTED AVERAGE LEASE TERM (WALT) W/ AMPLE RENEWAL OPTIONS PORTFOLIO IS ANCHORED BY A LEADING DSO WITH A NATIONAL PRESENCE – DENTAL CAR
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
