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ConvenientMD 424 Russell St 4,825 SF Office Building Hadley, MA 01035 $5,771,704 CAD ($1,196.21 CAD/SF) 6.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Extremely Dense College Town | One-Mile From UMass Amherst and Amherst College
- Corporate Guarantee from Growing Operator
- Long-term Absolute NNN Lease
- Four-Way Signalized Intersection with Strong Traffic
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a ConvenientMD located at 424 Russell St, Hadley, MA 01035. The site consists of roughly 4,825 rentable square feet of building space on an estimated 1.18-acre parcel of land. This ConvenientMD is subject to an original 10.5-year Triple Net (NNN) lease, with a rent commencement date of February 17, 2026, which expires on February 28, 2036. The current annual rent is $260,550 and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,825 SF
Building Class
B
Year Built/Renovated
2017/2025
Price
$5,771,704 CAD
Price Per SF
$1,196.21 CAD
Cap Rate
6.25%
NOI
$360,731 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,825 SF
Building FAR
0.09
Lot Size
1.18 AC
Zoning
B
AMENITIES
- Security System
PROPERTY TAXES
| Parcel Number | HADL-000010D-000018-000002 | Improvements Assessment | $1,068,181 CAD |
| Land Assessment | $723,477 CAD | Total Assessment | $1,791,658 CAD |
PROPERTY TAXES
Parcel Number
HADL-000010D-000018-000002
Land Assessment
$723,477 CAD
Improvements Assessment
$1,068,181 CAD
Total Assessment
$1,791,658 CAD
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ConvenientMD | 424 Russell St
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