190 Fremont St, Worcester, MA 01603
For Lease
1 / 36
This exceptional 7,200 square foot medical office building in Worcester, MA, presents a compelling core investment opportunity. Situated on a 0.41-acre lot at 190 Fremont St, this single-tenant, Class C property boasts a long-term lease with a well-established, multi-state healthcare franchisee (Brightview). The building, constructed in 1960 and recently renovated to the tenant's specifications at their expense, is a durable brick/masonry and steel structure. The 3-story building features 20 parking spaces and is fully accessible on the ground and first floors, each equipped with galley kitchenettes and bathrooms. The property benefits from a proven rental history and a lease that includes rent bumps. Zoned BL-1, this investment offers significant long-term stability, enhanced by the tenant's successful track record and the landlord's proactive securing of municipal approvals for Substance Abuse Recovery Treatment. This stand-alone building represents a low-maintenance, high-return investment in a desirable location. The property's strong tenant and lease terms, coupled with its recent renovations, make it an attractive opportunity for discerning investors seeking a stable, cash-flowing asset.
-
BrightView Medical Clinic
-
Woodward Day School High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.
