Log In/Sign Up
Your email has been sent.
Lowell General Hospital Medical Office 9 Loon Hill Rd 27,324 SF 100% Leased Office Building Dracut, MA 01826 $16,664,275 CAD ($609.88 CAD/SF) 5.95% Cap Rate



Investment Highlights
- Absolute NNN Lease Structure
- Market-Dominant Health System
- Long-Term Lease with Favorable Renewal Options
- Hospital-Level Guaranty | Investment-Grade Credit
- Purpose-Built Medical Facility Below Replacement Cost
Executive Summary
Northmarq National Healthcare Group is pleased to present the opportunity to acquire the Lowell General Hospital Medical Office Building (MOB), a 27,324 square foot, purpose-built, three-story outpatient healthcare facility located at 9 Loon Hill Road in Dracut, Massachusetts, within the Greater Boston metropolitan area. Constructed in 2018, the property is just eight years old and was specifically designed for Lowell General Hospital, offering institutional-quality construction and modern clinical layouts well suited for long-term healthcare operations.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
27,324 SF
Building Class
B
Year Built
2018
Price
$16,664,275 CAD
Price Per SF
$609.88 CAD
Cap Rate
5.95%
NOI
$991,524 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,108 SF
Building FAR
0.24
Lot Size
2.62 AC
Zoning
B3
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | DRAC-000051-000080-000001-000003 | Improvements Assessment | $6,954,499 CAD |
| Land Assessment | $1,269,926 CAD | Total Assessment | $8,224,425 CAD |
Property Taxes
Parcel Number
DRAC-000051-000080-000001-000003
Land Assessment
$1,269,926 CAD
Improvements Assessment
$6,954,499 CAD
Total Assessment
$8,224,425 CAD
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Lowell General Hospital Medical Office | 9 Loon Hill Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
