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1090 Meriden Waterbury Tpke Unité de condo • Bureau/Médical • 2 350 pi² • À vendre 797 165 $ CAD • Cheshire, CT 06410
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Faits saillants de l'investissement
- Fully Leased, NNN Long term Lease in place
- Great location, strong visibility and access
- Space in exceptional condition
Résumé de l'annonce
1090 Meriden Waterbury Tpke, Unit 4 in Cheshire, CT offers investors the opportunity to acquire a fully leased medical office condominium in one of Central Connecticut’s most desirable communities. This ±2,350 SF Office/Retail condominium is 100% leased under a long-term triple-net (NNN) lease through 2035, delivering stable passive income with minimal landlord responsibility. Recently renovated and originally built in 2006, the property is in excellent condition and strategically positioned along one of Cheshire’s primary commercial corridors, benefiting from strong visibility and traffic counts of approximately 10,300 AADT. Investors will appreciate the current NOI of $45,979 and 3% annual rent escalations, providing built-in income growth over the lease term. The location also offers excellent regional connectivity with convenient access to I-691, I-84, and Route 10. Surrounded by an affluent market with a 10-minute population of 55,682 and median household income of $99,828, this offering combines dependable cash flow, a quality medical tenant, and a premier Cheshire location. PROPERTY ALSO AVAILABLE AS PACKAGE DEAL WITH FULLY LEASED 72 PINE STREET, UNIT 1, BRISTOL, CT: PACKAGE ASKING PRICE: $1,088,210
1 Unité disponible
- Unité
- Taille de l’unité
- Utilisation du condo
- Prix
- Revenu net d’exploitation
| Type de vente | Investissement | Taux de capitalisation | 7,99% |
| Type de vente | Investissement |
| Taux de capitalisation | 7,99% |
- Attractive Current Income – $45,979 NOI in the current year
- Built-In Rent Growth – 3.00% annual escalations
- Recently Renovated Asset – Built in 2006 and updated in the past few years
- Strong Demographics – 10-minute drive trade area boasts $99,828 median household income, $382,312 median home value, and 69% owner-occupancy — one of Central Connecticut's most affluent submarkets
- Dense, Established Trade Area – 55,682 population and 27,707 employees within a 10-minute drive support ongoing demand for services
- High Visibility & Access – Located on Meriden-Waterbury Turnpike, a primary Cheshire commercial corridor, with strong connectivity to I-691, I-84, and Route 10
- Traffic Counts – ±10,300 AADT supports visibility and tenant exposure
- Condominium Structure – Simplified ownership with reduced landlord obligations
| Unité | Taille de l’unité | Utilisation du condo | Prix | Revenu net d’exploitation |
| Unité 4 | 2 350 pi² | Bureau/Médical | 797 165 $ CAD (339,22 $ CAD/pi²) | 63 690,57 $ CAD |
Unité 4
| Taille de l’unité |
| 2 350 pi² |
| Utilisation du condo |
| Bureau/Médical |
| Prix |
| 797 165 $ CAD (339,22 $ CAD/pi²) |
| Revenu net d’exploitation |
| 63 690,57 $ CAD |
Unité 4
| Taille de l’unité | 2 350 pi² |
| Utilisation du condo | Bureau/Médical |
| Prix | 797 165 $ CAD (339,22 $ CAD/pi²) |
| Revenu net d’exploitation | 63 690,57 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,99% |
| Description | |
| Medical Office condominium, approximately ±2,350 sq. ft. Long term tenant in place, space in exceptional condition. | |
| Notes sur la vente | |
|
- 100% Leased, Long-Term NNN Structure – Fully leased through 2035, providing passive income with minimal landlord responsibilities - Attractive Current Income – $45,979 NOI in the current year - Built-In Rent Growth – 3.00% annual escalations - Recently Renovated Asset – Built in 2006 and updated in the past few years - Strong Demographics – 10-minute drive trade area boasts $99,828 median household income, $382,312 median home value, and 69% owner-occupancy — one of Central Connecticut's most affluent submarkets - Dense, Established Trade Area – 55,682 population and 27,707 employees within a 10-minute drive support ongoing demand for services - High Visibility & Access – Located on Meriden-Waterbury Turnpike, a primary Cheshire commercial corridor, with strong connectivity to I-691, I-84, and Route 10 - Traffic Counts – ±10,300 AADT supports visibility and tenant exposure - Condominium Structure – Simplified ownership with reduced landlord obligations |
Faits sur la propriété
| Taille totale du bâtiment | 2 350 pi² | Superficie de plancher typique | 2 350 pi² |
| Type de propriété | Bureau (Condo) | Année de construction | 2006 |
| Sous-type de propriété | Médical | Taille du lot | 1,36 AC |
| Classe d’immeuble | B | Ratio de stationnement | 21,28/1 000 pi² |
| Planchers | 1 | ||
| Zonage | C-3 - Usage commercial et professionnel | ||
| Taille totale du bâtiment | 2 350 pi² |
| Type de propriété | Bureau (Condo) |
| Sous-type de propriété | Médical |
| Classe d’immeuble | B |
| Planchers | 1 |
| Superficie de plancher typique | 2 350 pi² |
| Année de construction | 2006 |
| Taille du lot | 1,36 AC |
| Ratio de stationnement | 21,28/1 000 pi² |
| Zonage | C-3 - Usage commercial et professionnel |
Commodités
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1090 Meriden Waterbury Tpke
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