Medical Office Suite with Treatment
New
For Sale
Contact for pricing
115 Technology Dr B301 & B303, Trumbull, CT 06611
The combined space offers private offices, sink-equipped rooms, two restrooms, a kitchenette and storage.
Property Size3,052 SF
Price / SF$0.01
Days on Market5
Property Features for 115 Technology Dr B301 & B303
General Information
Standard status
Active
Size
3,052 SF
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Office Units
2
Property Use
medical/professional office
Building Details
Year Built
2005
Listing Agency:
RE/MAX Right Choice
Listed By:
Michael Wright (203) 258-8363 (203) 268-1118 · License #774647
(203) 258-8363
Source:
Centralconnecticuthomefinder
Added: Oct 29
Changed: Nov 2
Last Checked: Nov 2 at 2:30AM
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 RE/MAX Right Choice
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Investment Insights
Based on property information with market context.
Units B301 and B303 form a single 3,052-square-foot medical office suite at 115 Technology Drive in Trumbull. Built in 2005, the space includes exam and treatment rooms, private offices, administrative and work areas, several rooms with sinks, two restrooms, a kitchenette, storage and a central workspace. Wood flooring, custom cabinetry and millwork, and large windows are among the interior features.
The property is near the Route 25 Expressway and Route 111, with access throughout Fairfield County. The two office condominiums are offered together and are not available separately.
The property is near the Route 25 Expressway and Route 111, with access throughout Fairfield County. The two office condominiums are offered together and are not available separately.
Key Highlights
- 3,052‑square‑foot medical office suite formed by combining Units B301 and B303
- Built in 2005
- Includes exam and treatment rooms, private offices, administrative areas and a central workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,224
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,480
$844.5K
Cap Rate 7%
$603,200
$603.2K
Cap Rate 9%
$469,156
$469.2K
Market Conditions
NOI Build-Up for 3,052 SF
Gross rent
$67.0K $21.96/SF
− Vacancy
−$10.7K −$3.51/SF
EGI
$56.3K $18.45/SF
− OpEx
−$14.1K −$4.61/SF
NOI
$42.2K $13.83/SF
Area
Bridgeport, CT
Vacancy
16.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,480
Cap Rate 7%
$603,200
Cap Rate 9%
$469,156
Alternative Uses
Best Use
Healthcare Medical
$653.3K
$571.7K – $762.2K
NOI $45,734 @ 7.0% cap · market cap 285,837.50%
Second Best
Office B
$603.2K
$527.8K – $703.7K
NOI $42,224 @ 7.0% cap · market cap 263,900.00%
Theoretical Best
Office A
$871.1K
$762.2K – $1.02M
NOI $60,977 @ 7.0% cap · market cap 381,106.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06611, CT
36,835
Population
12,468
Households
3
Avg Household Size
43
Median Age
60%
College-Educated
95%
High-School Grad
23.3 sq mi
ZIP Area
1,581
Density / Sq Mi
$163,227
Median Household Income
$75,795
Median Earnings
$2,292
Median Rent
$495,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Millie Phillippe DVM — 165 Monroe Turnpike, Trumbull, CT 06611
- Reid Veterinary Center — 165 Monroe Turnpike, Trumbull, CT 06611
Frequently Asked Questions
What type of property is this?
Medical Office Space - The combined space offers private offices, sink-equipped rooms, two restrooms, a kitchenette and storage.
Where is this medical office space located?
The property is located at 115 Technology Dr B301 & B303 Trumbull, CT.
What are key features of this property?
This property features: 3,052‑square‑foot medical office suite formed by combining Units B301 and B303; Built in 2005; Includes exam and treatment rooms, private offices, administrative areas and a central workspace
