15 Pleasant Vly Rd, Sutton, MA 01590-2970
This exceptional investment opportunity presents a fee-simple ownership of a 5,148 square foot, single-story urgent care facility in Sutton, Massachusetts. ConvenientMD, a rapidly growing urgent care provider with 47 locations across three states, occupies the property under a 15-year absolute NNN lease commencing August 15, 2024, and expiring August 31, 2039. The lease includes five, five-year renewal options with attractive 10% rent increases every five years, providing a built-in hedge against inflation. The property boasts a 6.00% cap rate and a strong net operating income (NOI) of $391,248. Situated on a 1.25-acre lot at the intersection of Pleasant Valley Road and MA Route 146, the property benefits from exceptional visibility and access, adjacent to a major regional shopping center anchored by a large grocery store and other national retailers. The location is strategically positioned within a thriving commercial corridor, just 8 miles from downtown Worcester and 4.5 miles from Interstate 90. The property's proximity to a significant employer, UN1F1ED2 Global Packaging Group, further enhances its appeal. With a 100% occupancy rate and a corporate guarantee, this investment offers exceptional stability and growth potential in a recession-resistant industry. The strong demographics of the area, with over 19,200 people within a 3-mile radius and an average household income exceeding $164,000, further solidify this investment's long-term value. This is a truly passive investment opportunity with no landlord responsibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Sutton, MASutton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.