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Property profile & analytics
OFF-MARKET
Office Spaces

380R Merrimack St Methuen, MA 01844

33,945 SF 3 ac lot Built 2014
Property ID
Property summary
AI-generated overview

This exceptional 5,645 square foot medical office suite is situated within a larger 33,945 square foot Class B building located in the Merrimack Valley submarket at 380R Merrimack Street, Methuen. Built in 2014, the building offers a multi-tenant environment, with this particular suite presenting a fantastic redevelopment opportunity for medical or business offices. The suite boasts abundant natural light from its three exterior walls, providing a bright and welcoming atmosphere. Four individual HVAC units offer maximum flexibility for customized build-outs to suit specific tenant needs. The minimum divisible space is 5,645 square feet, which is also the maximum contiguous space currently available. The entire building is currently occupied by medical tenants, making this an ideal location for a physician's office or related medical practice, benefiting from the established medical presence in the immediate vicinity. The property sits on three acres of land. This is a rare opportunity to secure a well-located, adaptable space in a thriving medical community. The suite's size and features make it perfect for a variety of medical or business uses. Don't miss this chance to establish your practice or business in a prime location.

Property profile
Verified
Property type Office Spaces
Year built 2014
Total area 33,945 SF
Lot 3 ac (130,680 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
  • Vartan Yeghiazarians, MD Physician
  • Stivaly Rodriguez Quezada, MD Pediatrician Medical Clinic
  • Nicole Jarjoura Sleiman Physician
  • VENUGOPAL R SADDI Physician
  • Durga Eluri Rao Physician Medical Clinic
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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