NNN-Leased Medical Office
735 WILSON ST, Brewer, ME 04412
New
Fully leased medical office investment under a new 10-year NNN agreement with Penobscot Community Health Care.
Type:Retail
Property size:
32,700 SFPrice / SF:
$207/SF- Added:
- Jun 21, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 24 at 2:56 am
Property Features for 735 WILSON ST
General Information
- Standard status
- Active
- Size
- 32,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1977
Listing office Keller Williams Realty
Listing date Jun 21, 2026
Source Crexi
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 Keller Williams Realty
HighLights
- Built in 1977 medical office building fully leased to Penobscot Community Health Care (PCHC).
- New 10‑year Triple Net (NNN) lease in place with PCHC.
- Approximately $542,800 in annual Net Operating Income (NOI).
- Offered at an 8.00% capitalization rate.
- NNN structure shifts property taxes, insurance, and most operating expenses to the tenant.
Overview
735 Wilson Street is a purpose-built medical office property acquired for long-term, net-leased ownership. The building is fully leased to Penobscot Community Health Care (PCHC) under a new 10-year Triple Net (NNN) lease. The offering is presented with approximately $542,800 in annual Net Operating Income, reflecting durable in-place occupancy by an established healthcare provider.
Located on Wilson Street in Brewer, the property is positioned along the community’s primary commercial corridor with access intended for day-to-day outpatient operations. The remarks describe the facility as mission-critical to PCHC’s services for the surrounding community, supporting long-term occupancy.
For investors or buyers seeking management-light income, the NNN lease structure shifts property taxes, insurance, and the majority of operating expenses to the tenant. With a new long-term lease commitment in place, this asset may fit 1031 exchange buyers, private investors, family offices, and institutions looking for stable cash flow backed by an in-place healthcare operator. The purchase is offered for sale at a stated 8.00% capitalization rate.
Located on Wilson Street in Brewer, the property is positioned along the community’s primary commercial corridor with access intended for day-to-day outpatient operations. The remarks describe the facility as mission-critical to PCHC’s services for the surrounding community, supporting long-term occupancy.
For investors or buyers seeking management-light income, the NNN lease structure shifts property taxes, insurance, and the majority of operating expenses to the tenant. With a new long-term lease commitment in place, this asset may fit 1031 exchange buyers, private investors, family offices, and institutions looking for stable cash flow backed by an in-place healthcare operator. The purchase is offered for sale at a stated 8.00% capitalization rate.
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 | $718.1k | $21.96 |
| − Vacancy | −$86.2k | −$2.64 |
| EGI | $631.9k | $19.32 |
| − OpEx | −$252.8k | −$7.73 |
| NOI | $379.2k | $11.59 |
32,700 SF · lease $21.96/SF/yr · vacancy 12.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$5.42M
$4.74M – $6.32M
NOI $379,153 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.56M
$9.24M – $12.32M
NOI $739,282 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Warren Shearer
Pediatrician
Mary Eyerer
Pediatrician
Lawrence Smith
Pediatrician
Rodney Chelberg
Geriatric Care Provider
Richard Gilbert
Foster Care Service
Location Insight
- Map
- Local Demand
- City
- Brewer
- County
- Penobscot
- State
- Maine
- Longitude
- -68.7304489
- Latitude
- 44.7742793
Nearby Similar for Sale
FAQs
What type of property is this?
Medical center - Fully leased medical office investment under a new 10-year NNN agreement with Penobscot Community Health Care.
Where is this medical center located?
The property is located at 735 WILSON ST Brewer, ME.
What is the asking price?
The asking price for this property is $6,789,000.
What are key features of this property?
This property features: Built in 1977 medical office building fully leased to Penobscot Community Health Care (PCHC).; New 10‑year Triple Net (NNN) lease in place with PCHC.; Approximately $542,800 in annual Net Operating Income (NOI).
