620 Route 32 - Office FOR SALE
Uncasville, CT 06382 |
620 Route 32
Uncasville, CT 06382
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.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
7616
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
39
LAND DETAILS
LAND ACRES
1.45 AC AC
LAND SF
62,998 SF
ZONING
-
APN/PARCEL ID
MONT-000079-000006
