405-407 E. Main St

Description:

Brian Johnson & Chris Naff of Kelleher & Sadowsky Associates, Inc. are pleased to introduce 405-407 E. Main Street in Spencer, Massachusetts as available for sale or for lease, with approximately ±5,974 rentable square feet available. Suite A is currently leased to Hometown Veterinary Partners Spencer, LLC d/b/a Spencer Veterinary Hospital. The Spencer Veterinary Hospital has been an occupant of the building since early 2020 and now has a lease in place through February 2, 2030. Current NOI is $136,325 with the Tenant responsible for 100% of the triple net expenses for the first two years of the term, or until Suite B is leased. The balance of the building, in Suite B, was last utilized by the Reliant Medical Group for internal medicine use with an existing buildout comprised of exam rooms, consult offices, reception area, internal bathrooms, and a central administrative station.

The property is conveniently located on Route 9, which provides signage & high visibility to an average daily traffic count of approximately 13,000 cars (2024). In addition, the property boasts a parking ratio of ±8.5 spaces per 1,000 rentable square feet – perfect for both patients, clients, and employees. The building was renovated in 2011 and has been well maintained for the past 5 years with on-site ownership. Please give us a call today to schedule a tour!

Within walking distance, tenants can enjoy local eateries, boutique shops, and nearby parks for a refreshing escape during the workday. The location's convenience is further enhanced by its proximity to major highways, providing seamless access for employees and clients. With the bustling Main Street just steps away, the area offers a perfect balance of tranquility and accessibility for businesses seeking an ideal work environment in Spencer.

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