341 West St - Medical FOR SALE


Southington, CT 06489- Southington/Berlin
$3,500,000 USD
860-721-0033
341 West St, Southington, CT for Sale
$3,500,000 USD
Medical - FOR SALE
1/9
null | 7.35% Cap Rate

341 West St
Southington, CT 06489
Southington/Berlin


HIGHLIGHTS

  • 100% Leased
  • R-12 Zoning
  • Excellent Visibility

OVERVIEW

Investment Opportunity in Southington, CT **Anchor Tenant - Fresenius Dialysis Center** Welcome to 341 West Street, a prime investment property in Southington, CT. This 14,334± SF 1-story Medical Office Building sits on 2.08± acres and boasts a 100% occupancy rate, offering a stable income stream. With a NOI of $257,359 and a CAP rate of 7.35%, this property presents an attractive opportunity for savvy investors. Conveniently located with excellent visibility and easy access, this building features a 5/1000 parking ratio and is in a sought-after R-12 zone. The property underwent a complete renovation in 2007 and is well-maintained. Don't miss out on owning a high-performing commercial asset in a prime location. Contact us for more information and to seize this lucrative investment opportunity in Southington.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1943

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

R-12

APN/PARCEL ID

SOUT-000098-000000-000186

ASK ABOUT THIS PROPERTY

Jay MorrisO,R&L CommercialMore Info
860-721-0033

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Jay MorrisO,R&L CommercialMore Info
860-721-0033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.