Built-Out Medical Office
For Sale
Contact for pricing
1340 Belmont St Brockton, Brockton, MA 02301
Configured for clinical operations with exam rooms, private offices, patient areas, restrooms, and on-site parking.
Property Size4,860 SF
Price / SF$0.00
Days on Market143
Property Features for 1340 Belmont St Brockton
General Information
Standard status
Active
Size
4,860 SF
Zoning
C2
Lease Type
NNN
Additional Details
Highway Access
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$50,167
Amenities
exam rooms
private offices
provider work areas
reception area
waiting area
restrooms
Building Details
Building Size
4,860 SF
Year Built
1995
Tenancy
Single
Listed By:
Sharon Lucido
(508) 643-8166
Source:
Bournetosellrealestate
Added: May 28
Changed: Oct 12
Last Checked: Oct 7 at 9:39AM
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 Sharon Lucido
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Investment Insights
Based on property information with market context.
This C2-zoned medical office property at 1340 Belmont Street in Brockton offers a fully configured clinical environment. The interior includes 10 exam rooms, private offices, provider work areas, reception and waiting areas, multiple restrooms, and existing medical infrastructure. The building dates to 1995 and includes on-site parking for staff and patients.
Belmont Street frontage provides visibility, while access to major highways supports travel to and from the property. The existing layout is suited to medical practices seeking an established office configuration with dedicated patient and provider areas.
Belmont Street frontage provides visibility, while access to major highways supports travel to and from the property. The existing layout is suited to medical practices seeking an established office configuration with dedicated patient and provider areas.
Key Highlights
- 10 exam rooms with existing medical infrastructure
- Private offices and dedicated provider work areas
- Reception and waiting areas for patient circulation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,871
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,837,420
$1.8M
Cap Rate 7%
$1,312,443
$1.3M
Cap Rate 9%
$1,020,789
$1.0M
Market Conditions
NOI Build-Up for 4,860 SF
Gross rent
$172.0K $35.40/SF
− Vacancy
−$18.9K −$3.89/SF
EGI
$153.1K $31.51/SF
− OpEx
−$61.2K −$12.60/SF
NOI
$91.9K $18.90/SF
Area
Brockton, MA
Vacancy
11.00%
Lease Rate
$35.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,837,420
Cap Rate 7%
$1,312,443
Cap Rate 9%
$1,020,789
Alternative Uses
Best Use
Office B
$1.58M
$1.39M – $1.85M
NOI $110,881 @ 7.0% cap · market cap 482,091.30%
Second Best
Healthcare Medical
$1.31M
$1.15M – $1.53M
NOI $91,871 @ 7.0% cap · market cap 399,439.13%
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M
NOI $161,803 @ 7.0% cap · market cap 703,491.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02301, MA
69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for clinical operations with exam rooms, private offices, patient areas, restrooms, and on-site parking.
Where is this medical office space located?
The property is located at 1340 Belmont St Brockton Brockton, MA.
What are key features of this property?
This property features: 10 exam rooms with existing medical infrastructure; Private offices and dedicated provider work areas; Reception and waiting areas for patient circulation
