735 WILSON ST Brewer, ME 04412
Fully leased medical office investment under a new 10-year NNN agreement with Penobscot Community Health Care.
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
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Investment Insights
Based on property information with market context.
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.
Key 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).
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 |
