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335 Highland Ave
Cheshire, CT 06410

$350,000 USD

Office Condo For Sale  •  2,735 SF

Property Details

  • Property Type Office
  • Total Building Size 7,000 SF
  • Building Class B
  • Year Built 1986
  • Tenancy Multiple
  • Zoning R-20A
20 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 101-102 Medical 2,735 SF $350,000 USD
  • Unit Size: 2,735 SF
  • Condo Use: Medical
  • Price: $350,000 USD
  • Sale Type: Investment
  • Price/SF: $127.97 USD
Description
2,735 SF Medical Office condominium on first floor.

Sale Notes
100% Occupied by Long-term Medical Tenant. 3% yearly increases built into NNN Lease. 10% Cap.

Description

O,R&L Commercial is pleased to offer an exceptional opportunity to acquire a fully leased Medical Office Investment Condominium located within the Waverly Professional Park, a well-established office park in Cheshire, CT. Unit 101-102 consists of approximately 2,735 SF and is 100% occupied by a long-term medical tenant, providing stable and predictable cash flow. The property currently generates a Net Operating Income (NOI) of $34,560.24 with annual 3% rental increases built into the NNN Lease structure offering investors reliable income growth and minimal landlord responsibilities.  This property is strategically positioned just off Route 10 (Highland Avenue) and benefits from excellent accessibility, strong surrounding demographics, and proximity to major retail, medical and professional services. The professional park setting is well-maintained and provides ample parking within an attractive environment for medical and office users alike. This is an ideal property for investors seeking dependable income from a healthcare tenancy in a desirable suburban market.

Highlights

Medical Office Investment Opportunity
2,735 SF Medical Condo for Sale
100% Leased by Long-term Medical Tenant
NOI: $34,560.24 | 10% Cap
3% Annual Increases in NNN Lease
Professional Office Park just off Route 10

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
14 min - 8.2 mi
14 min - 8.5 mi
AirportDriveWalkDistance
Tweed/New Haven 31 min - 19.6 mi
Bradley International 65 min - 39.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Toby Brimberg 203-640-5575 O, R & L Commercial
Toby Brimberg 203-640-5575 O, R & L Commercial