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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
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

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
  • Listing ID: 40012549

  • Date on Market: 2026-04-02

  • Last Updated:

  • Address: 9 Loon Hill Rd, Dracut, MA 01826

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