Special Purpose Space For Lease @ 108 Thompson Rd

Kelleher & Sadowsky is pleased to introduce 108 Thompson Road, Webster, Massachusetts – a recently constructed building that is offered for sale. This freestanding healthcare building was built by Galaxy Development in August of 2018 and is currently occupied by Fallon Health’s Summit Elder Care, under a long-term lease. Fallon Health, the parent company and the main insurer for Summit Elder Care, is the guarantor of the lease. Fallon Health Insurance is one of the largest providers in Massachusetts with over 270,000 members and grows substantially year over year, with revenues in excess of $1.7b.
Summit Elder Care, offers complete, coordinated, individualized care for older adults who want to live at home instead of a nursing home. The program’s team of geriatric care professionals works with participants and caregivers to address each individual's specific needs.
This facility has two doctors and two nurse practitioners on staff daily while also seeing patients for services Monday through Friday. They see all elderly patients throughout the community not just those benefiting from the day service program. Several types of therapy are offered at this facility such as Physical Therapy, Occupational Therapy, and Speech Therapy. The location of the facility is ideally located near all the busiest public services such as the Senior Center, Town Hall, UMASS Harrington Hospital, library, numerous churches and schools.
The existing lease runs through August 31, 2033 with four, five-year options to renew. This space offers accomodations for: other.