Steward Health Care

30 Perwal St. | Westwood (Boston MSA), MA 02090 - 30 Perwal St. | Westwood (Boston MSA), MA 02090

LTV (Loan to Value)	65.00%	Current NOI	$1,010,000.00
Interest Rate	4.250%	Capital Rate	7.480%
Fixed Term	10 Years	Land Area	+/- 10.52 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$8,775,000.00	Property Type	Medical
Payment	$47,537.52	Property Lease	Medical Office
Bulding Size	101,000 SF	Remaining Terms	6.5 Years

Location Description

NNN Lenders and Boston Realty Advisors are pleased to offer for sale to qualified investors a Steward Health Care System property located at 30 Perwal Street, Westwood, MA. Steward Health Care System is operating under an eleven (11) year NNN lease term with six-and-a-half (6.5) years remaining. The lease features two (2), five (5) year renewal options. The subject property is located off of Providence Highway/ Route 1 (+/- 50,000 VPD), within a +/- 7 minute drive from Legacy Place, University Station, and 350 luxury apartments.

Highlights

Steward's Growth and Impact in Greater New England - Steward is the 2nd largest hospital network in New England backed…

Property Description

Westwood, located 30 minutes south of Boston, is a town in Norfolk County, Massachusetts. The population was 14,618 at the 2010 census. In July 2005, CNN/Money and Money magazine ranked Westwood 13th on its list of the 100 Best Places to Live in the United States. Boston Magazine included Gay Street in Westwood on its list of the Best Streets in the Boston area. Westwood is home to over two hundred businesses in established commercial areas, each varied in character. The highway business district, Route 1, is comprised of larger retail and service establishments as well as corporate offices. The shopping areas of High Street and Islington’s Washington Street provide retail services for residents that enhance the quality of life in town.