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75 Berlin Rd - Cromwell Executive Center 2,253 SF Office/Medical Condo Unit Offered at $593,266 CAD in Cromwell, CT 06416
EXECUTIVE SUMMARY
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
PROPERTY FACTS
AMENITIES
- Signage
- Air Conditioning
1 UNIT AVAILABLE
Unit 101
| Unit Size | 2,253 SF | Sale Type | Investment or Owner User |
| Price | $593,266 CAD | Cap Rate | 8.45% |
| Price Per SF | $263.32 CAD | NOI | $50,141.45 CAD |
| Condo Use | Office/Medical | No. Parking Spaces | 34 |
| Unit Size | 2,253 SF |
| Price | $593,266 CAD |
| Price Per SF | $263.32 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.45% |
| NOI | $50,141.45 CAD |
| No. Parking Spaces | 34 |
DESCRIPTION
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, income-producing property.
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75 Berlin Rd - Cromwell Executive Center
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