
Fully Leased Outpatient Medical-$890K+ Gross Income
Regional Location Medical Building within close proximity to several hospitals.
Marketing description
100 Milk Street at 100 Milk St, Methuen, MA 01844 offers investors the rare opportunity to acquire a stabilized, Class A office asset in one of Methuen’s most active commercial corridors. This three-story, 46,078 SF multi-tenant building is 100% occupied by seven tenants, including credit-rated occupants, providing immediate in-place cash flow with the benefit of rent bumps.
Built in 1988 and situated on a 133,467 SF site, the property is well-positioned for executive office, medical office, and traditional office users. The building features modified leases, strong parking with 100 spaces, and BH (Business Highway) zoning, supporting long-term flexibility and tenant appeal.
As shown on the location map on page 2, the property sits near major retailers and amenities including Target, Walmart, The Home Depot, Chick-fil-A, and AMC Methuen 20, with convenient access to Route 213 and I-495. Demographic insights on pages 3–5 highlight a growing population, strong median household income of $111.9K, and a workforce of 23.3K employees, reinforcing the area’s durable tenant demand and investment strength.
Investment highlights
- 100% leased property
- Just off Route 213 connecting both I-93 just over 2 miles to the west and I-495 just under a mile to the east.
- Regional Area featuring The Loop lifestyle shopping center with retailers, personal services, restaurants and entertainment. Including Market Basket, Home Depot, Target, Marshalls, AMC Theaters, etc.
- Variety of practices including retina specialist, chiropractic, dentist, pediatrician, prosthetics, physical therapy and dialysis
- Credit Tenants Tenants have multiple locations both regionally, nationally and internationally; several are traded on the exchange.
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