Medical Office Portfolio with
For Sale
Contact for pricing
1 Barnard Lane, Bloomfield, CT 06002
Fully occupied Bloomfield medical and professional office portfolio with brick buildings, medical buildouts, and on-site parking.
Property Size19,633 SF
Price / SF$150.26
Days on Market122
Property Features for 1 Barnard Lane
General Information
Standard status
Active
Size
19,633 SF
Class
B
Property subtype
Office
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Core+
Net Operating Income
$236,232
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1977
Year Renovated
2004
Buildings
2
Units
10
Tenancy
Multi
Listing Agency:
Goman York
Listed By:
Thomas D. York · License #CT REB.0788637
Source:
Crexi
Added: May 6
Changed: Aug 16
Last Checked: Sep 3 at 8:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goman York
Investment Insights
Based on property information with market context.
The Barnard Lane Medical Office Portfolio comprises 705 Bloomfield Avenue and 1 Barnard Lane, together offering fully occupied medical and professional office space. The buildings feature durable brick facades and are configured with medical buildouts, including exam rooms, reception areas, and clinical support spaces. Both properties have undergone comprehensive renovations, including One Barnard in 2004 and 705 Bloomfield in 2014 and 2021, with upgrades noted for HVAC systems, elevators, and windows, among other major improvements.
The portfolio is located in the center of Bloomfield, Connecticut, with convenient access to Route 305 (Cottage Grove Road) and Route 189 (Bloomfield Avenue). The sites are described as providing direct access to Interstate 91 and Interstate 291 and include ample on-site parking, supporting convenient patient, staff, and provider access from surrounding communities.
As presented, the portfolio is positioned with long-standing healthcare tenancy and an 85% medical tenant mix, totaling 19,633 square feet across the two addresses.
The portfolio is located in the center of Bloomfield, Connecticut, with convenient access to Route 305 (Cottage Grove Road) and Route 189 (Bloomfield Avenue). The sites are described as providing direct access to Interstate 91 and Interstate 291 and include ample on-site parking, supporting convenient patient, staff, and provider access from surrounding communities.
As presented, the portfolio is positioned with long-standing healthcare tenancy and an 85% medical tenant mix, totaling 19,633 square feet across the two addresses.
Key Highlights
- 19,633 SF Bloomfield, CT medical and professional office portfolio at 705 Bloomfield Avenue and 1 Barnard Lane
- 100% occupancy with an 85% medical tenant mix; tenants average 9.1 years tenure (4 to 22 years) and renewals extend through 2031
- Generated approx. $434,435 in annual gross income in 2025; projected NOI approx. $236,196 in 2027
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06002, CT
21,579
Population
9,544
Households
2.3
Avg Household Size
50
Median Age
39%
College-Educated
92%
High-School Grad
25.7 sq mi
ZIP Area
840
Density / Sq Mi
$97,436
Median Household Income
$53,037
Median Earnings
$1,681
Median Rent
$269,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied Bloomfield medical and professional office portfolio with brick buildings, medical buildouts, and on-site parking.
Where is this medical office space located?
The property is located at 1 Barnard Lane Bloomfield, CT.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 19,633 SF Bloomfield, CT medical and professional office portfolio at 705 Bloomfield Avenue and 1 Barnard Lane; 100% occupancy with an 85% medical tenant mix; tenants average 9.1 years tenure (4 to 22 years) and renewals extend through 2031; Generated approx. $434,435 in annual gross income in 2025; projected NOI approx. $236,196 in 2027
