Description
Investment Opportunity! State of the art Medical office condo with five window lined dental operatories, a private consultation room, beautiful waiting room, two private bathrooms, employee lounge, two storage units and two deeded garage parking spaces. 1842 Beacon Street is a medical building located in the heart of Brookline between Cleveland Circle and Washington Square. This prime location offers an abundance of on street parking and is located directly across the street from the Green C line train making it easily accessible to clients throughout greater Boston. In 2019, The Smile Institute signed on for a ten year lease with two five year options that include an annual 2.5% increase throughout the base and option terms. Priced at a 5% Cap rate that increases that increases to 7.8%. Sale does not include the dental practice, equipment, or furniture.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment Opportunity! State of the art Medical office condo with five window lined dental operatories, a private consultation room, beautiful waiting room, two private bathrooms, employee lounge, two storage units and two deeded garage parking spaces. 1842 Beacon Street is a medical building located in the heart of Brookline between Cleveland Circle and Washington Square. This prime location offers an abundance of on street parking and is located directly across the street from the Green C line train making it easily accessible to clients throughout greater Boston. In 2019, The Smile Institute signed on for a ten year lease with two five year options that include an annual 2.5% increase throughout the base and option terms. Priced at a 5% Cap rate that increases that increases to 7.8%. Sale does not include the dental practice, equipment, or furniture.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-27T07:13:45.403.