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75 Berlin Rd - Cromwell Executive Center 2,253 SF Office/Medical Condo Unit Offered at $395,000 in Cromwell, CT 06416
Executive Summary
Sellers are motivated and looking for offers! This meticulously maintained office unit is located in the highly sought-after Cromwell Executive Center Plaza, a prime business hub with very limited vacancy. The plaza is home to a mix of well-established businesses, including medical and dental professionals, creating a strong professional environment. Key Features: High Traffic Exposure; Approximately 555 feet of frontage on Route 372 (Berlin Road), a busy two-lane road on both sides, offering excellent visibility and high vehicle traffic. Convenient Location: Just half a mile from both I-91 and Route 9, ensuring easy access for employees, clients, and visitors. The space is also surrounded by large retailers, national hotel chains, and is a short drive from downtown Cromwell. Whether you're seeking a space for your own business or a high-performing investment, this unit delivers. Comparable units in the building have secured long-term tenants under 30-year absolute NNN leases, generating cap rates of 12% or higher. With minimal landlord responsibilities and strong income potential, this is a rare opportunity to own in a proven, in
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 34 |
| Cap Rate | 9.09% |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.09% |
| No. Parking Spaces | 34 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 2,253 SF | Office/Medical | $395,000 ($175.32/SF) | $35,920 |
Unit 101
| Unit Size |
| 2,253 SF |
| Condo Use |
| Office/Medical |
| Price |
| $395,000 ($175.32/SF) |
| NOI |
| $35,920 |
Unit 101
| Unit Size | 2,253 SF |
| Condo Use | Office/Medical |
| Price | $395,000 ($175.32/SF) |
| NOI | $35,920 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.09% |
| No. Parking Spaces | 34 |
| Sale Notes | |
| Sellers are motivated and looking for offers! This meticulously maintained office unit is located in the highly sought-after Cromwell Executive Center Plaza, a prime business hub with very limited vacancy. The plaza is home to a mix of well-established businesses, including medical and dental professionals, creating a strong professional environment. Key Features: High Traffic Exposure; Approximately 555 feet of frontage on Route 372 (Berlin Road), a busy two-lane road on both sides, offering excellent visibility and high vehicle traffic. Convenient Location: Just half a mile from both I-91 and Route 9, ensuring easy access for employees, clients, and visitors. The space is also surrounded by large retailers, national hotel chains, and is a short drive from downtown Cromwell. Whether you're seeking a space for your own business or a high-performing investment, this unit delivers. Comparable units in the building have secured long-term tenants under 30-year absolute NNN leases, generating cap rates of 12% or higher. With minimal landlord responsibilities and strong income potential, this is a rare opportunity to own in a proven, income-producing property.</li></ul> |
Property Facts
Amenities
- Signage
- Air Conditioning
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75 Berlin Rd - Cromwell Executive Center
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