999 SILVER LN Trumbull CT 06611-5343

4% interest assumable loan !! Projected 7.6% cap rate !!

We are pleased to present a unique investment opportunity featuring a well-maintained medical building with exceptional prospects. This property offers an assumable loan with a competitive interest rate of 4%, making it an attractive financial arrangement. Additionally, the projected cap rate stands at an impressive 7.6%.

Anchored by the esteemed Yale New Haven Health ("YNHH"), one of Connecticut's largest healthcare systems, this medical building boasts a strong and reliable tenant. YNHH occupies approximately 2/3 of the total space and has recently signed a new lease, demonstrating their commitment to this location. Notable tenants such as Quest Diagnostics, Children's Dentistry, and the New England Retina eye doctors' group further enhance the property's desirability.

Situated in a prime location, this property enjoys a signalized intersection opposite renowned retailers, including Target, McDonald's, Kohl's, BigY, Wells Fargo, Bestbuy, Home Goods, DaVita, and various other major establishments. The daily traffic volume reaches an impressive 22,300 vehicles per day (VPD), ensuring excellent exposure and accessibility.

For more detailed information regarding this property, we encourage you to contact the listing agent, Bill, at 203-931-5388.