Muroff Hospitality Group is proud to present the exclusive opportunity to purchase a triple-net (NNN), single tenant, leased medical office property located at 20 Elm Street in Pittsfield, Massachusetts (the “Property”). The Property consists of a 12,739 square foot building on a 1.04-acre parcel of land. The Property is fully leased to Berkshire Family Practice Associates, an affiliate of Berkshire Health Systems. The current lease has 3 years of term remaining with one (1), 3-year and five (5), two-year renewal options. The NNN lease calls for annual rent increases throughout the remaining term and option periods based off changes in the CPI-U. Pittsfield is the largest city in Berkshire County; the downtown area offers a vibrant selection of retail shops and entertainment, as well as access to national retailers, public transportation and a Big Y grocery store.
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