Turnkey Medical Office
For Sale
Contact for pricing
140 Wood Rd, Braintree, MA 02184
Turnkey suite with a private exam/treatment room, 11-ft ceilings, elevator access, ADA features, and on-floor restrooms.
Property Size950 SF
Price / SF$1.58
Days on Market185
Property Features for 140 Wood Rd
General Information
Standard status
Active
Size
950 SF
Total Parking Spaces
50
Property subtype
Commercial
Zoning
C
Additional Details
Furnished
Yes
Clear Height
11 ft
Taxes and HOA fees
Annual Taxes
$66,077
Amenities
elevator
ADA accessible
on-floor restrooms
break room
TV
refrigerator
water included
Building Details
Building Size
950 SF
Year Built
1975
Listing Agency:
MIG
(617) 651-5406
Listed By:
Phaedra Udor
(508) 840-7516
Source:
Churchillprop
Added: Apr 20
Changed: Oct 6
Last Checked: Oct 20 at 5:54PM
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 MIG
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Investment Insights
Based on property information with market context.
Turnkey medical office suite available within an established foot care and wellness practice. The space includes one private exam or treatment room with a sink and 11-ft ceilings, plus on-floor restrooms for patient and staff convenience. Building amenities include elevator access and ADA accessibility. Shared areas include a break room with a TV and refrigerator. Water service is included, while the sublessee is responsible for their own WiFi. The suite is move-in ready.
Located at 140 Wood Rd in Braintree, MA 02184, the building also offers 50+ shared parking spaces to support day-to-day operations.
The suite can support a range of business uses, including podiatry, physical therapy, med spa, occupational therapy, or general medical office, subject to landlord approval.
Located at 140 Wood Rd in Braintree, MA 02184, the building also offers 50+ shared parking spaces to support day-to-day operations.
The suite can support a range of business uses, including podiatry, physical therapy, med spa, occupational therapy, or general medical office, subject to landlord approval.
Key Highlights
- Turnkey suite within an established foot care & wellness practice
- Includes 1 private exam/treatment room with a sink and 11‑ft ceilings
- Elevator access and ADA accessible building features
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,141
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,820
$342.8K
Cap Rate 7%
$244,871
$244.9K
Cap Rate 9%
$190,456
$190.5K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$31.9K $33.60/SF
− Vacancy
−$3.4K −$3.53/SF
EGI
$28.6K $30.07/SF
− OpEx
−$11.4K −$12.03/SF
NOI
$17.1K $18.04/SF
Area
Norfolk County, MA
Vacancy
10.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,820
Cap Rate 7%
$244,871
Cap Rate 9%
$190,456
Alternative Uses
Best Use
Office B
$297.8K
$260.6K – $347.5K
NOI $20,847 @ 7.0% cap · market cap 1,389.80%
Second Best
Healthcare Medical
$244.9K
$214.3K – $285.7K
NOI $17,141 @ 7.0% cap · market cap 1,142.73%
Theoretical Best
Office A
$562.4K
$492.1K – $656.1K
NOI $39,368 @ 7.0% cap · market cap 2,624.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
11 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,554
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 02184, MA
39,143
Population
15,032
Households
2.6
Avg Household Size
42
Median Age
47%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,836
Density / Sq Mi
$125,305
Median Household Income
$65,542
Median Earnings
$1,925
Median Rent
$623,200
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
Similar Off Market Nearby
- Banfield Pet Hospital — 30 Forbes Rd B, Braintree, MA 02184
Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey suite with a private exam/treatment room, 11-ft ceilings, elevator access, ADA features, and on-floor restrooms.
Where is this medical office space located?
The property is located at 140 Wood Rd Braintree, MA.
What are key features of this property?
This property features: Turnkey suite within an established foot care & wellness practice; Includes 1 private exam/treatment room with a sink and 11‑ft ceilings; Elevator access and ADA accessible building features
