Log In/Sign Up
Your email has been sent.
Healthtrax-Bristol 842 Clark Ave 52,392 SF 100% Leased Flex Building Bristol, CT 06010 $3,397,703 CAD ($64.85 CAD/SF) 6.75% Cap Rate
Investment Highlights
- ATTRACTIVE $46/SF ACQUISITION BASIS WELL BELOW REPLACEMENT COST
- NEWLY EXECUTED 15-YEAR ABSOLUTE NNN LEASE EXTENSION
- PROVEN OPERATING LOCATION
- ESTABLISHED TENANCY – LONG OPERATING HISTORY & STRONG REGIONAL FOOTPRINT
- CORPORATE & PERSONAL GUARANTEES
- EXCEPTIONALLY LOW RENT SUPPORTS LONG-TERM TENANT VIABILITY
Executive Summary
Atlantic Capital Partners has been exclusively engaged to offer for sale the Healthtrax located at 842 Clark Avenue in Bristol, Connecticut, a 52,392-square-foot single-tenant net lease investment. The property is leased to Healthtrax under a newly executed 15-year absolute NNN lease, providing investors with passive, management-free income through September 2040. The offering features fixed 2% annual rent increases and exceptionally low occupancy costs of approximately $3.12 per square foot, supporting durable long-term cash flow. Healthtrax has successfully operated at this location for years prior to executing its new long-term lease, demonstrating a proven operating history and long-term commitment to the site. The combination of a fresh 15- year lease, sustainable rent structure, and below-market occupancy costs provides investors with a highly secure income stream backed by a tenant that has validated the
location through long-term performance. Offered at approximately $46 per square foot, the investment presents an attractive basis well below replacement cost for a modern fitness facility of this scale. Located within the Hartford MSA, the property serves a dense and established trade area supported
by major employers including ESPN, Bristol Hospital, and Barnes Group, along with a diverse base of healthcare, education, and retail demand drivers.
location through long-term performance. Offered at approximately $46 per square foot, the investment presents an attractive basis well below replacement cost for a modern fitness facility of this scale. Located within the Hartford MSA, the property serves a dense and established trade area supported
by major employers including ESPN, Bristol Hospital, and Barnes Group, along with a diverse base of healthcare, education, and retail demand drivers.
Property Facts
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | BRIS-000066-000000-000260-000004 | Improvements Assessment | $1,503,586 CAD |
| Land Assessment | $504,497 CAD | Total Assessment | $2,008,083 CAD |
Property Taxes
Parcel Number
BRIS-000066-000000-000260-000004
Land Assessment
$504,497 CAD
Improvements Assessment
$1,503,586 CAD
Total Assessment
$2,008,083 CAD
Contacts
-
Eric Suffoletto -
David Hoppe -
Danny Griffin -
Ben Olmstead -
Mike Lucier -
Kendra Doherty -
Atlantic Capital Partners
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Healthtrax-Bristol | 842 Clark Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.