30 Jordan Lane
Office | 31,758 SqFt
Marketing description
Striking three-story brick office building set on a beautifully landscaped, established site in Wethersfield's professional corridor! Find presentable curb appeal with red brick, a dormered roofline, and mature plantings. Three floors served by elevator, with a sizable ~158-space parking lot. Substantially renovated and significantly upgraded, with over $1.1M of documented capital investment in building systems, common areas, a refreshed lobby, and a full medical-grade second-floor buildout. Two long-term tenants anchor the building today, a medical practice and a home-care services group, providing strong in-place income. Well-suited for an owner-user: a medical group, specialty practice, or professional firm can occupy anywhere from 5,000 to 18,000 SF while the in-place leases help carry the building. The available space is flexible, with a spacious first floor (~10,000 SF) subdivideable into multiple configurations, and a large, light-filled open-plan upper floor (~8,000 SF) that works as a single tenant's space or carved into smaller suites. The building is a natural fit for a range of medical specialties, as well as professional users. The established medical cluster a mile away on Silas Deane Highway reinforces the address for any healthcare user. Easy highway access is an advantage too, with I-91 less than a mile away and downtown Hartford a ten-minute drive. An excellent opportunity to own a substantially improved, income-producing professional address!
Investment highlights
In-place anchor income — 42.2% leased to two long-term tenants: Prime Healthcare (medical/pathology lab, through Feb 2035) and Right at Home (through 2034)
Strong value-add upside — 18,360 SF available (57.8%) across first and third floors; stabilized lease-up drives 11.7% pro-forma cap at list
High projected returns — stabilized NOI of $374,749 at full occupancy
Attractive basis — $3,200,000 (~$100/SF)
$1.13M recent capital invested — including a ~$700,000 medical/pathology buildout (2025), building-wide LED conversion, lobby renovation, and elevator piston replacement
Medical-ready bones — plumbing capacity, 5/1,000 parking (~158 spaces), full A/C, wet sprinkler system
Flexible, subdividable space — occupy 5,000–18,000 SF; configurable into one large user or several suites
SBA 504 eligible — potential low-down-payment owner-occupant financing
Established medical cluster — near Starling Physicians, Jefferson Radiology, Hartford Hospital Sleep Center on Silas Deane corridor
Affluent trade area — Wethersfield median HH income $126,806 (1.3× metro), median age 43 (peak-care years), 53% bachelor's+
Highway access — I-91, Route 15, and Route 99 all within one mile; downtown Hartford ~10 min
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