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620 Route 32
Uncasville, CT 06382 Northeast New London/Norwich

$1,200,000 USD

Office For Sale • 7,616 SF

Property Details

Property Type Office
Total Building Size 7,616 SF
Lot Size 1.4 AC
Building Class C
Year Built 1988
Tenancy Multiple
Zoning C-1

0 Transit Score

36 Walk Score

                
                    Highlights
                
                                100% Leased Medical Investment with two established healthcare tenants providing immediate income stability.
                            
                                Long-Term Dental Anchor Tenant (Daleo Liu PLLC) under lease through 2036 with CPI-based rent escalations.
                            
                                Future Owner-User Opportunity – ±4,420 SF will become available in 2026, allowing occupancy or re-leasing at higher market rates.
                            
                                SBA Loan Eligible – Owner-occupants using 51%+ of the building can qualify for SBA 504 or 7(a) financing (as little as 10% down, up to 25-year terms).
                            
                                Attractive Yield – Current NOI ˜ $63,000 with potential to increase to $110,000+ post-2026 lease rollover.
                            
                                Prime Route 32 Location – ±19,000 vehicles per day; high visibility corridor between Norwich and New London.

Amenities

Fitness Center
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
New London (Shore Line East - Shore Line East)	12 min	-	6.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	39
Type:	Surface
Included in Rent:	Yes

Tim Bray Seaport Commercial

620 Route 32 Uncasville, CT 06382 Northeast New London/Norwich