Medical Office Building on Hospital Campus

336 Thompson Rd Webster, MA 01570

Claim this Listing
For Sale
$2,640,000

Purpose-built, elevator-served medical offices with grade-level access and 75 parking spaces on a hospital campus setting.

Type:Office Medical
Property size:
14,406 SF
Price / SF:
$183/SF
Added:
Jun 28, 2026
Days on Market:
15
Last Refresh:
Jul 1 at 2:45 am

Property Features for 336 Thompson Rd

General Information

Standard status
Active
Size
14,406 SF
Property subtype
Office Medical

Building Details

Year Built
2002

Listing office Marcus & Millichap | Boston

Listing date Jun 28, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Boston


Investment Insights

Based on property information with market context.

336 Thompson Road is a purpose-built medical office building constructed in 2002 and currently totaling 14,406 square feet. The building is elevator-served and provides grade-level access on both levels, supporting convenient movement of patients and staff. On-site parking includes 75 surface spaces.

The property is located on the Harrington Hospital campus, part of UMass Memorial Health, and is described as approximately 18 miles from Worcester, Massachusetts. The building is primarily occupied by Fresenius Medical Care, and the operator has been in place since 2002. Fresenius has recently extended its lease through 2030, and three additional five-year renewal options remain.

This offering is subject to a 75-year ground lease, with the land owned by UMass Memorial Health as part of the hospital campus. As the building owner and ground lease lessee, the owner has a built-in path to eventual fee-simple ownership by purchasing the land at the end of the ground lease term. The combination of dedicated medical improvements, campus placement, and an in-place long-term healthcare tenant profile may be of interest to buyers focused on healthcare real estate assets.

Key Highlights

  • 14,406 SF purpose‑built medical office building built in 2002 on the Harrington Hospital campus (UMass Memorial Health).
  • Elevator‑served with grade‑level access on both levels.
  • 75 surface parking spaces and grade‑level access for patient/visitor convenience.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $363.0k $25.20
− Vacancy −$27.2k −$1.89
EGI $335.8k $23.31
− OpEx −$134.3k −$9.32
NOI $201.5k $13.99
14,406 SF · lease $25.20/SF/yr · vacancy 7.50% · expense 40.00%

Alternative Uses

Best Use
Office B
$3.75M
$3.28M – $4.38M (±1% cap)
NOI $262,549 @ 7.0% cap · market cap 9.95%
Second Best
Healthcare Medical
$2.88M
$2.52M – $3.36M (±1% cap)
NOI $201,482 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$4.92M
$4.30M – $5.74M (±1% cap)
NOI $344,361 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

South County Pediatrics Pediatrician Anthony P. Talieri, ... Pediatrician Auburn Podiatry Medical Clinic Webster Podiatry: Poniros ... Physician Jennifer Bram Pediatrician

Suggested Use

Restaurant Auto Repair Shop Law Firm Big Box & Wholesale Store HVAC Service Hair Salon Kitchen & Bath Showroom Pharmacy Grocery & Convenience Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Webster Lake Veterinary Hospital — 244 Thompson Rd, Webster, MA 01570
  • Webster Lake Veterinary Hospital: Fax# — 244 Thompson Rd, Webster, MA 01570
  • Lang Amanda DVM — 244 thompson rd, webster, ma 01570
  • Lang Amanda DVM — 244 Thompson Rd, Webster, MA 01570
  • Animal Care Experts Veterinary Hospital — 1387 Thompson Rd, Thompson, CT 06277

FAQs

What type of property is this?
Medical Office Space - Purpose-built, elevator-served medical offices with grade-level access and 75 parking spaces on a hospital campus setting.
Where is this medical office space located?
The property is located at 336 Thompson Rd Webster, MA.
What is the asking price?
The asking price for this property is $2,640,000.
What are key features of this property?
This property features: 14,406 SF purpose‑built medical office building built in 2002 on the Harrington Hospital campus (UMass Memorial Health).; Elevator‑served with grade‑level access on both levels.; 75 surface parking spaces and grade‑level access for patient/visitor convenience.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message