7237 Us-7, Pownal, VT 05261

Property Details for 7237 Us-7

Year built

2015

Lot size

5.27 lot acres

Property type

Office Spaces

Property subtype

Medical Office Space

Description

This exceptional investment opportunity presents a 5,085 square foot, single-tenant medical office building situated on 5.27 acres in Pownal, Vermont. The property boasts a 100% occupancy rate with a highly creditworthy tenant (S&P A-rated) under a 25-year absolute net lease, with 15.9 years remaining and a 15-year renewal option. Built in 2015, the Class B building features 36 parking spaces and benefits from a 10% rent increase every five years. The property generates a strong NOI of $189,836, resulting in an attractive cap rate of 6.28%. Located at 7237 US-7, the property enjoys excellent visibility and accessibility along a major North-South highway, offering convenient access to surrounding communities in Vermont, Massachusetts, and New York. The lease is backed by a corporate guarantee from Dartmouth Hitchcock Health, minimizing landlord responsibilities and providing exceptional investment security. This is a rare opportunity to acquire a stabilized, high-performing medical office asset with significant long-term growth potential. The asking price is $3,025,000.

Location Insight

City

Pownal

County

Bennington

State

Vermont

Longitude

-73.22

Latitude

42.7545