For Sale
$6,300,000

777 Echo Lake RdWatertown, CT 06795

Watertown, CT: High-Cap Office Complex

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 25,326 square foot office building, located at 777 Echo Lake Road in Watertown, Connecticut, presents a rare investment opportunity. Built in 2018, the property boasts a 7.67% cap rate and is currently 100% occupied across its eight units. The building is zoned BMG and sits on a generous 5-acre lot, providing ample parking for tenants and visitors. The property's diverse tenant mix includes executive office and medical office spaces, offering a stable and diversified income stream. The triple net (NNN) lease structure minimizes landlord responsibilities, making this a low-maintenance investment. Strategically located near I-84 and Route 8, this property enjoys excellent accessibility to downtown Watertown and surrounding communities. The property's address is 777 Echo Lake Rd, Watertown, CT 06795, with APN 910614. This turnkey investment offers a compelling combination of strong cash flow, prime location, and significant upside potential. The asking price is $6,300,000. This is a truly exceptional opportunity to acquire a high-performing commercial property in a desirable Connecticut market. The property's size and location make it an ideal investment for both seasoned and emerging investors seeking a stable and profitable addition to their portfolio.

Property Details for 777 Echo Lake Rd

Property type
Office properties, Medical offices
Square Feet
25,326 SF
Year Built
2018
Lot Size (sq. ft)
217,800 SF
Units
8

Location Insight

City
Watertown
County
Litchfield
State
Connecticut
Latitude
41.6086932
Longitude
-73.0912302
777 Echo Lake Rd, Watertown, Connecticut

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777 Echo Lake Rd
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