1166 Farmington Ave - Medical FOR SALE
Berlin, CT 06037 |
$2,650,000 USD
860-307-5945
1166 Farmington Ave
Berlin, CT 06037
HIGHLIGHTS
- Fully occupied by Hartford HealthCare Eye Center under a recently signed NNN lease.
- Located on a signalized intersection along Farmington Avenue with excellent local connectivity.
- Offers strong roadside visibility and a large on-site parking lot supporting tenant operations.
- Situated close to Route 9, providing direct access to I-91 and greater Hartford metro.
- Affiliation with an extensive healthcare network ensures tenant stability and consistent occupancy.
- Features a well-maintained, attractive medical office facility suitable for specialized use.
OVERVIEW
1166 Farmington Avenue presents an opportunity to acquire a 100% leased medical office investment anchored by one of New England’s most prominent healthcare networks, Hartford HealthCare. The property operates under a new five-year NNN lease with renewal options, delivering predictable and stable cash flow for investors.
FOR SALE DETAILS
PRICE
$2,650,000 USD
PRICE/SF
$310 USD /SF
CAP RATE
6.42%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
120
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,075 SF
ZONING
CCD-2
APN/PARCEL ID
BERL-000094-000094-000002
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860-307-5945
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860-307-5945
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