19 Mollison Way
Lewiston, ME 04240

The Boulos Company is pleased to present the opportunity to acquire a fully occupied office property located at 17-19 Mollison Way in Lewiston, Maine. The 60,000 SF building, which was originally built in 1994, sits on a 5.96-acre lot and is in excellent condition. The tenant, Change Healthcare, has high historical occupancy since 1994 (25+ years) and recently renewed its NNN lease for 7 years through 8/31/2025. Effective September 1, 2019, triple net rent is $561,000/year ($9.35/SF NNN). Change Healthcare is a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outcomes in the U.S. healthcare system. This publicly-traded company (CHNG) is headquartered in Nashville, Tennessee. They have over 14,000 employees in their 120+ locations throughout the United States, Canada, New Zealand, Australia, England, Israel, and Singapore. The company’s health information network reaches approximately 5,500 hospitals, 118,000 dentists, 900,000 physicians, 600 laboratories, and 2,200 commercial and U.S. government payer connections. In the fiscal year ending on March 2018, the company reported it earned nearly $3.3 billion in revenue, facilitated nearly $14 billion in healthcare transactions and approximately $1 trillion in adjudicated claims. **Tenant has right to terminate early August 31, 2023, with a fee of $125,433.41.**