16 Pelham Rd | Salem, NH 03079
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16 Pelham Rd
Salem, NH 03079
Cash Flowing MOB Condo Next to I-93 · Office Property For Sale
Investment Highlights
- 32.64% condo interest in a first-class medical office/wellness center in the Boston suburb of Salem, New Hampshire.
- Highly coveted tenant, Mobility Bone & Joint Institute, is a recognized leader in multidisciplinary care and aids patients in an array of areas.
- Several retailers and restaurants are within a quick drive, including Dunkin', Fresh Hub Eatery, The Mall at Rockingham Park, and more.
- Stabilized investment opportunity with a long-term tenant in place with six years remaining on the lease and scheduled escalations on rent.
- This asset allows immediate access to Interstate 93 and Route 38, which is highly convenient for patients and employees.
- In an area with several nearby medical users, including dentists, oral surgeons, men's health, primary care physicians, and others.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Rentable Building Area | 59,379 SF |
| Property Type | Office (Condo) | No. Stories | 2 |
| Property Subtype | Medical | Year Built | 2008 |
| Building Class | C | APN / Parcel ID | SLEM-000096-012351 |
| Lot Size | 3.36 AC |
| Sale Conditions | Auction Sale |
| Property Type | Office (Condo) |
| 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 |
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