Investment Overview

Marcus & Millichap is Pleased to Exclusively Present The Dartmouth-Hitchcock’s Ottauquechee Health Center, Located in Woodstock, Vermont. The Two (2) Tenant Medical Office Building is 100% Leased to Windsor Hospital Corporation d/b/a Mt. Ascutney Hospital and Health Center who is Owned by Dartmouth Health, and Local Dentist Whitam K. Van Meter, D.D.S.. The 2015 Developed Medical Office Building Stands at 15,522 Square Feet and Requires Minimal Landlord Obligations Under the Triple-Net (NNN) Leases. Both Tenants have Leased the Property Since it’s Construction, and Continue to Operate their Respective Services Yielding a 8.82 Year WALT. The Dartmouth-Hitchcock’s Ottauquechee Health Center was Originally Practicing Under Windsor Hospital Corporation which Joined the Dartmouth Health Network in 2014. Dartmouth Health is One of the Nation’s Leading Healthcare Systems, Sourcing Over $3 Billion in Annual Revenue Across their 9 Hospitals & Clinics. Dartmouth Health Currently has Over 2,300 Medical Doctors and 16,000 Employees that Care for more than 3 Million Patients Annually. Whitam K. Van Meter, D.D.S., is a Local Dentist Providing a Variety of Dental Care Services for Patients of All Ages. Dartmouth Health Currently has 10.11 Years Remaining on their Lease with Two, 5 Year Renewal Options and Annual CPI Rent Bumps with a 2% Floor & 5% Ceiling. Whitam K. Van Meter, D.D.S. Currently has 1 Year Remaining on the Lease with No Remaining Options. The 1,605 Square Foot Dental Space Can be Expanded Into by Dartmouth Health who has Expressed Interest Historically. Within a 2 Mile Radius of the Health Center, the Median Home Value Surpasses $550,000 with the Average Household Income Exceeding $144,000. Within a 10 Mile Radius, Over 18,000 People Reside with a Median Graduate Degree Percentage of 53.27%.