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546 Cromwell Ave Rocky Hill, CT 06067

Class A medical office, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A medical office building, totaling 11,000 square feet, is strategically located at 546 Cromwell Ave, Rocky Hill, CT 06067, within the Greater Hartford metropolitan area. Anchored by Optum Healthcare, a UnitedHealth Group company, since 2013, this two-story building sits on a 0.91-acre lot with ample on-site parking. Built in 1993, the property boasts a strong net operating income (NOI) of $215,000. Its multi-tenant structure features synergistic healthcare tenants, benefiting from its location near Interstate 91, providing easy access to Downtown Hartford (12-minute commute). The surrounding area is rich with amenities, including major retailers like Target, Walmart, and Sam's Club, within a 3-mile radius, along with numerous restaurants and coffee shops. The property is situated in an affluent community with an average household income exceeding $125,000 within a 2-mile radius, with 67% owner-occupied homes and a median age of 43-44. This low-maintenance asset presents a compelling investment opportunity with potential for long-term growth through consistent rent escalations.

Highlights

  • 11,000 SF Class A medical office building in Rocky Hill, CT.
  • Anchored by Optum Healthcare (UnitedHealth Group) since 2013.
  • Located on a 0.91-acre lot with ample parking at 546 Cromwell Ave.
  • Strong NOI of $215,000.
  • Multi-tenant building with synergistic healthcare tenants.
  • Excellent location near I-91, 12 minutes from Downtown Hartford.

Property Details for 546 Cromwell Ave

Property type
Office properties, Medical offices
Class
A

Location Insight

City
Rocky Hill
County
Hartford
State
Connecticut
Latitude
41.6555183
Longitude
-72.6787585

FAQs

What type of property is this?
Office property - Class A medical office, strong NOI.
Where is the office property located?
The property is located at 546 Cromwell Ave Rocky Hill, CT.
What are key features of this property?
This property features: 11,000 SF Class A medical office building in Rocky Hill, CT.; Anchored by Optum Healthcare (UnitedHealth Group) since 2013.; Located on a 0.91-acre lot with ample parking at 546 Cromwell Ave.
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546 Cromwell Ave
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