INVESTMENT OFFERING
SAB Capital is pleased to present Penacook Family Physicians (Concord Hospital) in Concord, NH, just 70 miles northwest of Boston. This lease features a net lease (condo) structure with 2.5% annual rent escalations. Ideally located less than 2 miles from I-93, the property benefits from strong location fundamentals. The tenant, a well-established operator with significant regional presence and community reliance, holds a strong Fitch credit rating of AA-.
- Concord Hospital in Concord, NH | 70 Miles Northwest of Boston
- Structured Hedge Against Inflation | 2% Annually
- Local Population Growth | 3.5% Increase in 5 Mile Radius Since 2020
- Close Proximity to Interstate Highway | Under 2 Miles From I-93
- Strong Location Fundamentals | Located Near Merrimack Middle School & High School
- Mission Critical Location | Easy Access to Public Transportation (Washington St. Bus Stop)
- Experienced Operator | Strong Regional Dominance and Community Reliance (Fitch: AA-)
- Plans For Development | Concord Currently Has 570 Apartment Units that are Under Construction or Have Been Completed Recently
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Penacook Family Physicians | $4,873,201 | 6.75% | Net Lease (Condo) | 10,613 | Available |