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INVESTMENT HIGHLIGHTS
- Diversified outpatient tenant mix including urgent care, diagnostics, specialty, and ancillary healthcare
- In-place rents positioned below market with upside on renewals and leasing
- Limited near-term capital requirements and straightforward asset management
- Approximately 3,000 SF of vacant space providing immediate lease-up and NOI growth potential
- Located within an established medical corridor near multiple hospital systems
EXECUTIVE SUMMARY
Zeustra Healthcare Real Estate(“Zeustra”) is pleased to present the exclusive opportunity to acquire 1151 Robeson Street, a 26,780-square-foot, multi-tenant medical office building located in Fall River, Massachusetts. The property is predominantly leased to a diversified mix of outpatient medical tenants, including urgent care, diagnostic, specialty, and ancillary healthcare users that serve the surrounding community. Lease structures are triplenet (NNN), providing investors with predictable cash flow, limited management intensity, and exposure to necessity-based healthcare demand.
The asset currently generates approximately $518,000 in annual Net Operating Income, supported by stable in-place rents that reflect long-standing tenant relationships and consistent local utilization. The property includes approximately 3,000 square feet of vacant space, presenting an immediate and tangible opportunity for a new owner to enhance cash flow through lease-up at market rents. This built-in upside allows an investor to capture value through hands-on asset management without taking on development or operational risk.
Strategically positioned within an established and densely populated medical corridor, 1151 Robeson Street benefits from strong surrounding demographics, a broad insured patient base, and steady demand for outpatient medical services in Greater Fall River and Southeast Massachusetts. The property’s location and tenant mix make it particularly well-suited for a local or regional investor seeking durable income today with a clear path to incremental NOI growth. With stabilized cash flow, NNN lease structures, and near-term value creation, 1151 Robeson Street offers a compelling opportunity to acquire a well-located medical office asset with downside protection and meaningful upside potential.
The asset currently generates approximately $518,000 in annual Net Operating Income, supported by stable in-place rents that reflect long-standing tenant relationships and consistent local utilization. The property includes approximately 3,000 square feet of vacant space, presenting an immediate and tangible opportunity for a new owner to enhance cash flow through lease-up at market rents. This built-in upside allows an investor to capture value through hands-on asset management without taking on development or operational risk.
Strategically positioned within an established and densely populated medical corridor, 1151 Robeson Street benefits from strong surrounding demographics, a broad insured patient base, and steady demand for outpatient medical services in Greater Fall River and Southeast Massachusetts. The property’s location and tenant mix make it particularly well-suited for a local or regional investor seeking durable income today with a clear path to incremental NOI growth. With stabilized cash flow, NNN lease structures, and near-term value creation, 1151 Robeson Street offers a compelling opportunity to acquire a well-located medical office asset with downside protection and meaningful upside potential.
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PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
34,696 SF
Building Class
B
Year Built
2016
NOI
$719,209 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,674 SF
Slab To Slab
11’
Building FAR
0.40
Lot Size
2.00 AC
Zoning
G
AMENITIES
- 24 Hour Access
- Bus Line
PROPERTY TAXES
| Parcel Number | FALL-000004P-000000-000018 | Improvements Assessment | $2,236,404 CAD |
| Land Assessment | $253,324 CAD | Total Assessment | $2,489,728 CAD |
PROPERTY TAXES
Parcel Number
FALL-000004P-000000-000018
Land Assessment
$253,324 CAD
Improvements Assessment
$2,236,404 CAD
Total Assessment
$2,489,728 CAD
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1151 Robeson St
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