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Property profile & analytics
OFF-MARKET
Office Spaces

661 Centre St Brockton, MA 02302

20,514 SF 0.85 ac lot Built 2011
Property ID
Property summary
AI-generated overview

This exceptional 20,514 square foot Class B office building, situated on 0.85 acres in Brockton, Massachusetts, presents a compelling investment opportunity. Located at 661 Centre Street, this multi-tenant property boasts a prime location directly across from Brockton Hospital Medical Campus, offering unparalleled visibility and accessibility. Built in 2011 and renovated in 2018, the building features two units (9,884 sq ft and 10,630 sq ft) with ample built-out office space, conference areas, and an elevator. The property includes 112 on-site parking spaces, a significant advantage in this area. Currently vacant, this property is ideal for either a single or multi-tenant occupancy, making it perfect for an owner-operator or investor seeking a strong return. Its proximity to the Brockton/Abington line, Massasoit Community College, and the Crescent Retail corridor on Route 27 further enhances its appeal. The asking price is $5,500,000, representing a price per square foot of $268.11. The property is offered on a NNN lease. This is a rare opportunity to acquire a well-maintained, strategically located medical/executive office building in a thriving market.

Property profile
Verified
Property type Office Spaces
Year built 2011
Total area 20,514 SF
Lot 0.85 ac (37,026 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zerr Medical Group Medical Group
  • Benasher LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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