45-49 Foster Rd Hopewell Junction, NY 12533
Fully Leased Medical Office Building, NY
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- 7.0 years remaining on the modified gross lease.
- Lease features 3.0% annual rent escalations.
- Anchor tenant, Community Primary Care, is a division of Premier Medical Group, a large regional multi-specialty practice.
- Building was built-to-suit in 2006 for Community Primary Care.
- Redevelopment potential: Demolish existing 1,340 SF residential structure and build approximately 4,000 SF of medical office space.
- Community Primary Care's 2024 merger with Premier Medical Group strengthens the tenant's position.
Property Details for 45-49 Foster Rd
- Property type
- Office properties, Medical offices
- Square Feet
- 13,517 SF
- Class
- B
- Year Built
- 2006
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 89,734 SF
Location Insight
- City
- Hopewell Junction
- County
- Dutchess
- State
- New York
- Latitude
- 41.591204
- Longitude
- -73.7973732
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Fully Leased Medical Office Building, NY
- Where is the office property located?
- The property is located at 45-49 Foster Rd Hopewell Junction, NY.
- What is the asking price?
- The asking price for this property is $6,130,000.
- What are key features of this property?
- This property features: 7.0 years remaining on the modified gross lease.; Lease features 3.0% annual rent escalations.; Anchor tenant, Community Primary Care, is a division of Premier Medical Group, a large regional multi-specialty practice.
- How can I contact the broker?
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