Waterfront Medical Office
2 Forest Park Dr Farmington, CT 06032
For Sale
Contact for pricing
Medical office campus with nine buildings on a waterfront setting, close to UCONN John Dempsey Hospital.
Property Size90,000 SF
Lot Size10.50 Acres
Price / SF$97.22
Days on Market850
Property Features for 2 Forest Park Dr
General Information
Standard status
Active
Size
90,000 SF
Lot size
10.50 Acres
Property subtype
OFFICE
Listing Agency:
Regions Commercial, LLC
(860) 371-7103
Listed By:
Michael Guidicelli, CCIM, SIOR
(860) 371-7103
Source:
Moodyscre
Added: Apr 2, 2024
Changed: Jul 28
Last Checked: Jul 29 at 3:58PM
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 Regions Commercial, LLC
Investment Insights
Based on property information with market context.
New to market for sale is an approximately 90,000 SF value-add medical office campus on a 10.5-acre waterfront property in Farmington, CT. The campus is spread across nine buildings and is positioned for medical-focused occupancy given its proximity, listed as seconds away, from UCONN John Dempsey Hospital.
The offering is presented with an annual NOI of $700,000 and an asking price of $8,750,000. The remarks also state an actual cap rate of 8%.
This multi-building medical office configuration can support a range of tenant layouts across the campus while maintaining the shared waterfront setting and cohesive park-like environment.
The offering is presented with an annual NOI of $700,000 and an asking price of $8,750,000. The remarks also state an actual cap rate of 8%.
This multi-building medical office configuration can support a range of tenant layouts across the campus while maintaining the shared waterfront setting and cohesive park-like environment.
Key Highlights
- Approximately 90,000 SF medical office campus across 9 buildings
- 10.5‑acre waterfront campus setting in Farmington, CT
- NOI of $700K with an actual cap rate of 8%
Property Analytics
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office campus with nine buildings on a waterfront setting, close to UCONN John Dempsey Hospital.
Where is this medical office space located?
The property is located at 2 Forest Park Dr Farmington, CT.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Approximately 90,000 SF medical office campus across 9 buildings; 10.5‑acre waterfront campus setting in Farmington, CT; NOI of $700K with an actual cap rate of 8%