351 Merline Rd - Medical FOR SALE


Vernon, CT 06066
$1,250,000 USD
610-295-5697
351 Merline Rd, Vernon, CT for Sale
$1,250,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

351 Merline Rd
Vernon, CT 06066


HIGHLIGHTS

  • Strong Tenant Base: 16,670 SF multi-tenant building with an existing tenant roster and value-add opportunity.
  • Established Medical Office Location: Located in Vernon’s established medical office pocket with multiple on-site/off-site healthcare users.
  • Dense Rooftops: 95,202 residents within 5 miles.
  • Strong Daytime Draw: 86,116 daytime population within 5 miles, supporting weekday medical/professional demand.
  • Stable Market: Projected growth essentially flat from 2023?2028.

OVERVIEW

Sands Investment Group is pleased to exclusively present for sale a 16,670 SF multi-tenant building with an existing tenant roster and a compelling value-add opportunity located at 351 Merline Road in Vernon, Connecticut. The property benefits from projected growth that remains essentially flat from 2023 to 2028, offering stability for investors. Situated in Vernon’s established medical office corridor, the asset is surrounded by multiple on- site and nearby healthcare users and is in close proximity to Rockville’s hospital campus, supporting durable outpatient demand and providing a secure, long-term investment opportunity. BoR: Andrew Ackerman - Lic. CT #REB.0792529

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Multi-Tenant MOB - Vernon, CT

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,807 SF

ZONING

COMMER

APN/PARCEL ID

VERN-000009-000015H-000019

ASK ABOUT THIS PROPERTY

Bart TantilloSands Investment GroupMore Info
610-295-5697

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Bart TantilloSands Investment GroupMore Info
610-295-5697

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