Dartmouth Health MOB — Sale in Woodstock, VT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Woodstock, VT 05091
  • Year built: 1973

Photos

Dartmouth Health MOB — Sale in Woodstock, VT, photo 1 of 2
Dartmouth Health MOB — Sale in Woodstock, VT, photo 2 of 2

Investment Figures

Cap rate
7.89%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present Dartmouth Health MOB, a 100 percent leased, 15,522-square-foot medical office building in Woodstock, Vermont. Mt. Ascutney Hospital and Health Center, a Dartmouth Health member rated "A" by S&P and Fitch, leases 89.66 percent of the building through December 2035 with annual CPI increases and two five-year renewal options. The balance is leased to a local dentist. Offered at $4,935,000, a 7.89 percent cap rate on anchor income alone and 8.82 percent in place. Investment Highlights: • Anchor Tenant Windsor Hospital Corporation d/b/a Mt. Ascutney Hospital Is a Member of the Dartmouth Health Obligated Group, Rated "A" by S&P and Fitch • Hospital Anchor Leased Through December 2035 (9.3 Years Remaining) With Annual CPI Increases and Two Five-Year Options • 7.89 Percent Cap Rate on Anchor Income Alone; 8.82 Percent In Place With the Dental Suite Paying

Market Context

This office in Woodstock, VT is listed for sale. It is offered at an approximate 7.9% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1973. Compare it against other office listings for sale in Woodstock, VT — view the full market.

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