341 West Street
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.
Certificate of Need State
Connecticut is 1 of 11 states that impose Certificate of Need regulations governing dialysis treatment. State approval is required to build, relocate or expand a dialysis center, creating a meaningful regulatory barrier to new competition.
Investment highlights
- 14,334± SF 1-story Medical Office Building
- 100% Leased
- 2.08± Acres
- 5/1000 Parking Ratio
- R-12 Zone
- Excellent Visibility
- Easy Access
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