Description
Beautiful, Long term NNN leased dental building together with the adjacent undeveloped .61 Acre lot located in the prestigious East Medford area. PremierCare Dental Centers has leased this property since February 6, 2015 on their original 15 year lease (expires Feb. 6, 2030). The building currently has approx. 6,877 square feet finished with an additional 2,000 sf of unfinished storage area in the basement portion of the building. Currently, PremierCare utilizes approx. 200 sf. of the basement with the remaining 1,800 sf. being vacant storage. Please note that although the property historically has been single tenant, Landlord has the right to lease the 2nd floor (+- 1,500 sf), basement (+- 2,000), and/or adjacent lot to another tenant with no reduction of current Base Rent. Landlord has given permission to Tenant to occupy the loft a portion of the basement, and the additional lot until such time as Landlord wishes to find another tenant, or develop.
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0BEDS
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1.15ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Beautiful, Long term NNN leased dental building together with the adjacent undeveloped .61 Acre lot located in the prestigious East Medford area. PremierCare Dental Centers has leased this property since February 6, 2015 on their original 15 year lease (expires Feb. 6, 2030). The building currently has approx. 6,877 square feet finished with an additional 2,000 sf of unfinished storage area in the basement portion of the building. Currently, PremierCare utilizes approx. 200 sf. of the basement with the remaining 1,800 sf. being vacant storage. Please note that although the property historically has been single tenant, Landlord has the right to lease the 2nd floor (+- 1,500 sf), basement (+- 2,000), and/or adjacent lot to another tenant with no reduction of current Base Rent. Landlord has given permission to Tenant to occupy the loft a portion of the basement, and the additional lot until such time as Landlord wishes to find another tenant, or develop.
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