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Medical Condo For Sale • 2,253 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 101 | Medical Office | 2,253 SF | $425,000 USD | |
DescriptionThis meticulously maintained office unit is located in the highly sought-after Cromwell Executive Center Plaza, a prime business hub with very limited vacancy. The plaza is home to a mix of well-established businesses, including medical and dental professionals, creating a strong professional environment. Key Features: High Traffic Exposure; Approximately 555 feet of frontage on Route 372 (Berlin Road), a busy two-lane road on both sides, offering excellent visibility and high vehicle traffic. Convenient Location: Just half a mile from both I-91 and Route 9, ensuring easy access for employees, clients, and visitors. The space is also surrounded by large retailers, national hotel chains, and is a short drive from downtown Cromwell. Whether you're seeking a space for your own business or a high-performing investment, this unit delivers. Comparable units in the building have secured long-term tenants under 30-year absolute NNN leases, generating cap rates of 12% or higher. With minimal landlord responsibilities and strong income potential, this is a rare opportunity to own in a proven, income-producing property. |
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This meticulously maintained office unit is located in the highly sought-after Cromwell Executive Center Plaza, a prime business hub with very limited vacancy. The plaza is home to a mix of well-established businesses, including medical and dental professionals, creating a strong professional environment. Key Features: High Traffic Exposure; Approximately 555 feet of frontage on Route 372 (Berlin Road), a busy two-lane road on both sides, offering excellent visibility and high vehicle traffic. Convenient Location: Just half a mile from both I-91 and Route 9, ensuring easy access for employees, clients, and visitors. The space is also surrounded by large retailers, national hotel chains, and is a short drive from downtown Cromwell. Whether you're seeking a space for your own business or a high-performing investment, this unit delivers. Comparable units in the building have secured long-term tenants under 30-year absolute NNN leases, generating cap rates of 12% or higher. With minimal landlord responsibilities and strong income potential, this is a rare opportunity to own in a proven, in
| Cap Rate: | 8.45 % |
| Total Expenses: | $0 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Cahill & Associates | ||
| Dental Care | ||
| Divine Truth Apostolic Church | ||
| Elevate Healing Arts | ||
| Farmers Insurance | ||
| Implant Dentistry | ||
| Ling Beauty & Foot Spa | ||
| OI Infusion Services, LLC | ||
| Stanley E Schulman DMD, LLC | ||
| The Frazier Company |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Berlin (Hartford Line - CONN DOT) | 9 min | - | 4.8 mi |
| Berlin Amtrak (Amtrak Hartford Line - Amtrak, Hartford Line - Amtrak, Northeast Regional - Amtrak, Valley Flyer - Amtrak) | 10 min | - | 4.8 mi |
| Airport | Drive | Walk | Distance |
| Tweed/New Haven | 42 min | - | 29.9 mi |
| Bradley International | 48 min | - | 30.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 85 |
| Type: | Surface |
| Included in Rent: | Yes |
Ross Wilcox
Berkshire Hathaway HomeServices New England
Ross Wilcox
Berkshire Hathaway HomeServices New England