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24697490
24697491

341 West St, Southington, CT 06479

JM
CT CT REB.0755257
O, R&L Commercial
TW
CT RES.0783958
O, R&L Commercial
Listed by O, R&L Commercial
$3,500,000
334 days on market
Updated 59 days ago

341 West Street

Details
Property Type Office
Sub Type Medical Office
Square Footage 14,334
Net Rentable (SqFt) 14,344
Units 3
Cap Rate 8.00%
NOI $281,233
Occupancy 100%
Tenancy Multi
Class B
Year Renovated 2007
Buildings 1
Stories 1
Acreage 2.080
Zoning R-12
Investment Type Stabilized

Investment - Medical Office | 8% CAP | $281,233 NOI

Marketing description

**Investment Opportunity in Southington, CT** **Anchor Tenant - Fresenius Dialysis Center** Welcome to 341 West Street, a prime investment property in Southington, CT. This 14,334± SF 1-story Medical Office Building sits on 2.08± acres and boasts a 100% occupancy rate, offering a stable income stream. With a NOI of $281,233 and a CAP rate of 8%, this property presents an attractive opportunity for savvy investors. Conveniently located with excellent visibility and easy access, this building features a 5/1000 parking ratio and is in a sought-after R-12 zone. The property underwent a complete renovation in 2007 and is well-maintained. Don't miss out on owning a high-performing commercial asset in a prime location. Contact us for more information and to seize this lucrative investment opportunity in Southington.

Listing Contacts

JM
CT CT REB.0755257
O, R&L Commercial
TW
CT RES.0783958
O, R&L Commercial
Listed by O, R&L Commercial

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$281,233.00
$23,436.08/mo

Valuation Metrics

0
DSCR
8.04%
Cap Rate
8.04%
ROI

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Additional Information

Name
Jay Morris
License
CT REB.0755257
Brokerage
O,R&L Commercial LLC
Brokerage Phone
8607210033
Title
Managing Broker
Brokerage Address
2340 Silas Deane Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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