Boston Medical Center- 6.5 years-Whitman, MA
7 year lease-Single Tenant Medical-MA-7.5% Cap
Marketing description
Marcus & Millichap is pleased to present the fee-simple ownership interest at 312 Bedford Street Whitman, MA. This singletenant medical office property is fully occupied by BMC Health System operating under a triple-net lease structure with 3% annual rental increases and one five-year renewal option. There are 6+ years remaining on the lease term. The lease is backed by a corporate guarantee. The Boston Medical Center (BMC) Health System operates this primary care outpatient clinic and provides comprehensive primary care and internal medicine services focused on preventive care, chronic disease management, and routine medical treatment for adult patients. The location serves as a community-based healthcare access point for residents of Whitman and surrounding South Shore communities, offering coordinated care in a convenient neighborhood setting.
Boston Medical Center Health System is an academic, nonprofit healthcare network anchored by Boston Medical Center, a 500+ bed teaching hospital affiliated with Boston University. The system is known for delivering comprehensive clinical care across more than 70 specialties while emphasizing accessible, equitable healthcare for diverse patient populations throughout Massachusetts and New England. The Whitman facility is part of BMC’s expanding regional network of community medical offices that provide primary care services while connecting patients to the broader resources of the Boston Medical Center Health System, including specialty care, advanced diagnostics, and hospital services across the region. The property is situated on a 1.76-acre lot with a building footprint of 15,648 square feet. It boasts excellent visibility along Bedford Street (18,227 vehicles per day) and offers ample parking with convenient access. Positioned across from high-traffic retailers such as McDonald’s, Dunkin’, and CVS, the location benefits from strong area traffic. The site is also located on MA Route 18, the primary commercial corridor, providing direct access to Bridgewater to the south. This well-maintained property is a prime location with excellent frontage in a thriving commercial area.
Investment highlights
100% occupied by Boston Medical Center (BMC)
• Investment-grade credit tenant with an S&P rating of BBB
• Attractive 3% annual rental escalations
• One 5-year renewal option remaining
• More than 6 years of lease term remaining
• Excellent Commuter Access, with Route 18 connecting to surrounding towns and a nearby MBTA Commuter Rail Station for travel into Boston
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