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16 Pelham Rd
Salem, NH 03079

Office Property For Sale

Investment Highlights

  • 32.64% condo interest in a first-class medical office/wellness center in Salem, NH
  • Stabilized investment opportunity with a long-term lease with scheduled rental increases
  • Tremendous highway visibility and wealth of area amenities
  • Leased to a recognized leader in the treatment of multidisciplinary care
  • Strategic location off Interstate 93 with access to Interstate 495 and Routes 110 & 113

Executive Summary

Hunneman has been exclusively retained to sell 32.64% condominium interest in 16 Pelham Road, a two-story first-class medical office/fitness building located in Salem, NH. 16 Pelham Road, Unit 2, presents a unique investment opportunity to purchase interest in a well-located medical office condo at the intersection of I-93 North and Route 38, providing easy accessibility and high visibility. This investment opportunity offers stabilized cash flow.

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class C
Lot Size 3.36 AC
Rentable Building Area 59,379 SF
No. Stories 2
Year Built 2008
APN / Parcel ID SLEM-000096-012351

zoning

Zoning Code CIB
CIB
  • Listing ID: 30176133

  • Date on Market: 11/28/2023

  • Last Updated:

  • Address: 16 Pelham Rd, Salem, NH 03079

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