375 E Center St - Medical FOR SALE


Manchester, CT 06040- Center
$675,000 USD
203-692-2420
375 E Center St, Manchester, CT for Sale
$675,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

375 E Center St
Manchester, CT 06040
Center


HIGHLIGHTS

  • 25 Off-Street Spaces
  • 0.61 Acre Lot
  • Tenant Paid Utilities
  • Convenient located near major highways, such as I-84 and I-384

OVERVIEW

Northeast Private Client Group is pleased to present the exclusive opportunity to purchase a 4,117 SF medical office building in Manchester, Connecticut. The building currently features ten (10) exam rooms and four (4) provider offices. 375 East Center Street features ample off-street parking with 25 spaces and well-lit streetlamps surrounding the building. The property also offers its occupants East Center Street signage. The property includes tenant paid utilities: electricity, natural gas heating system, and central air conditioning. 375 East Center Street offers a new investor flexible opportunities. This property offers investors the opportunity to lease the property to a tenant of their choosing with landlord friendly lease terms. This is an overall attractive asset for a NNN tenant creating a stable, low maintenance, cash flowing investment. Additionally, this is a fantastic investment for an owner-occupant to showcase their medical practice whether already established or new. Being situated just 1.5 miles from Manchester Memorial Hospital is another benefit for any medical tenant.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

RC

APN/PARCEL ID

MANC-000109-001790-000375

ASK ABOUT THIS PROPERTY

Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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Edward JordanNortheast Private Client GroupMore Info
203-692-2420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.