63 Melcher St, Boston, MA 02210

LONG TERM LEASE: The Property is comprised of a 3,120 square foot retail condominium and is 100% leased to Joint Ventures Physical Therapy. Joint Ventures Physical Therapy has been at this location since 2019 and has 8+ years remaining on their lease with one (1), 5-year renewal option.

Joint Venture Physical Therapy’s lease calls for scheduled 2.0% annual rent increases throughout the primary lease term providing an attractive increase in revenue and a hedge against inflation. The renewal option rent shall be set to Fair Market, and in no way can it be less than the previous year’s rent.

Joint Venture Physical Therapy is a Boston-based company providing physical and occupational therapy services with a focus on 1-on-1 patient care in private treatment rooms. Joint Ventures is an established and growing company with twelve (12) locations throughout the greater Boston area. Joint Ventures has been acquired by Rallyday Partners, a private equity firm that invests in lower-middle market growth companies with compelling secular trends, disruptive, scalable business models and audacious leadership.

SUPERIOR LOCATION: The Property is exceptionally well positioned in the Fort Point neighborhood of the Seaport District and has frontage along Melcher, Necco and A Streets. The Property is 0.4-miles from Boston’s South Station and the Boston Convention & Exhibition Center. 63 Melcher Street is a short walk to Summer Street and Seaport Boulevard, bounding the area’s primary commercial district, which offers an array of urban amenities, retailers, restaurants, and entertainment options that bring residents and visitors to the area.

The Seaport District offers an unparalleled lifestyle with easy access to Boston’s downtown, Logan International Airport, and neighboring waterfront attractions. Its mix of luxury high-rises, innovative businesses, cultural landmarks, and vibrant public spaces make it a key driver of Boston's modern identity and one of the city's most dynamic and appealing neighborhoods.

TRANSIT ORIENTED LOCATION: Multiple MBTA bus routes, including SL1, SL2, SL3, SLW, 4, 7 and 11 stop near the Property and at multiple locations throughout the Seaport and Downtown Boston.

The Property offers outstanding access to subway (MBTA’s Red Line) and Train Service (Acela, Cape Flyer, Fairmont, Franklin/Foxboro, Kingston, Needham, Fall River/New Bedford, Framingham/Worcester, Greenbush, and Providence Stoughton Lines) at Boston’s South Station, just 0.4-miles from the Property. The Property is also 0.6-miles from Downtown Crossing Station (Orange Line) and 0.7-miles from Broadway Station (Red Line).

The Property is seconds from Interstate 90 and is convenient to Interstate 93, US Route 1 and MA Route 9.

THE MUSE: The Muse is a loft condo building located in the heart of the Seaport's Fort Point neighborhood. It features a retail unit on the ground floor and 38 luxury condo units with exposed brick and original wood beam ceilings on the upper floors. All units are equipped with in-unit washers and dryers and stainless steel appliances, open floor plans, high ceilings and large windows. Residences include thirty studio lofts, five 1-bedroom, and three 2-bedroom units. Amenities at The Muse Boston include a large professionally landscaped rooftop terrace and meeting lounge areas with phone booths and working stations.

TRAFFIC COUNTS: Approximately 14,000 vehicles pass the Property each day at the intersection of Melcher Street and A Street. Additionally, the Property yields significant pedestrian foot traffic due to its proximity to Summer Street and the Boston Convention Center, and several parking facilities that service the Seaport District.

EXCEPTIONAL DEMOGRAPHICS: An impressive 49,100 people live within 1 mile of the Property with an average household income of $219,502. More than 386,900 people live within 3 miles of the Property with an average household income of $170,707.