72 Pine Street Unit A, Bristol, CT 06010

Daniel Sousa

PRO

Scott Cooney

Coldwell Banker Realty

Listed by Coldwell Banker Commercial NRT Danbury, Coldwell Banker Realty

$700,000

86 days on market

Updated 35 days ago

72 Pine Street Unit A

Details

Property Type

Office

Sub Type

Medical Office

Square Footage

2,355

Cap Rate

7.02%

NOI

$49,172

Occupancy

100%

Tenancy

Single

Lease Type

NNN

Lease Term

Lease Expiration

07/31/2035

Remaining Term

9.2

Rent Bumps

Yes

Price per SqFt

$297

Class

Year Renovated

2025

Zoning

BHC

Investment Type

Stabilized

Lease Commencement

08/01/2025

Office | 7.02% CAP | 2,355 SqFt

Marketing description

Coldwell Banker Commercial is pleased to present the opportunity to acquire a leased medical condominium located at 72 Pine Street in Bristol, Connecticut, positioned within a professional medical office building serving the greater Bristol market. The property is fully occupied by a medical tenant under a long-term lease, offering stable cash flow and limited day-to-day management. The location benefits from strong local demographics, proximity to major roadways, and its presence within an established healthcare corridor, making it a compelling opportunity for investors seeking passive income from medical office real estate.

Investment highlights

•Fully Leased Medical Condominium Investment With Long-Term Tenant Providing Stable Cash Flow

•Located Within A Professional Medical Office Building Serving The Bristol Healthcare Market

•Conveniently Positioned Near Downtown Bristol With Easy Access To Route 6, Route 72, And Surrounding Retail And Service Amenities

•Surrounded By Established Medical And Professional Office Users Creating A Strong Healthcare Service Environment

•Low-Management Medical Office Investment Ideal For Investors Seeking Passive Income From Healthcare Real Estate

•Opportunity To Acquire Individually Or As Part Of A Two-Property Medical Portfolio Including 1090 Meriden Waterbury Turnpike In Cheshire for $1,550,000