Property History
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Asking Details
Asking Cap Rate
Marketing Description
O,R&L Commercial is pleased to present a strong cash flow investment opportunity in a 2 story medical surgery center, multi-tenanted by private practices and hospital based practices, located across from Waterbury Hospital. The largest tenant, Naugatuck Surgery Center is part of St. Mary's Hospital (Trinity Health of New England) which has a "certificate of need" issued by State of CT Dept of Public Health. The investment offers diverse tenancy with annual rent escalations, strategic location adjacent to a healthcare center, ample parking (surface and structured) in a urban setting, and 9,000 contiguous SF ready to be fit-out providing a major upside. 2017 NOI: $867,132 2018 NOI: Approx. $900,000. Sale Price: $8,500,000
Investment Highlights
- Strong hospital based diverse tenancy
- All original tenants with staggered lease expirations
- Annual rent escalations
- Strategic location adjacent to healthcare center
- 9,000 SF contiguous SF ready to be fit-out providing major upside
- Ample parking in an urban setting, both surface and structured
- 2017 NOI: $867,132
- 2018 Projected NOI: Approx. $900,000
Loan History
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Ownership Information
Zoning
CO CommercialOfficeCommercial Office District
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View all 73 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Sold on
BY:
J. Richard Lee PRO
•••.•••.1006
rlee@•••••••••••••.com
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