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Medical Office Space Available
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171 Grandview Ave, Waterbury, CT 06708

Medical office space with exam rooms and parking.

Space Size1,220 SF
Days on Market950

Property Features for 171 Grandview Ave

General Information

Standard status Active
Size 1,220 SF
Property subtype Office
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 171 Grandview Ave Contact us

Available Space

Size
1,220 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial Connection Real Estate LLC
Listed By: John Famiglietti · License #CT REB.0754759
Source: Crexi
Added: Jan 27, 2024 Changed: Aug 28 Last Checked: Sep 2 at 10:02AM

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 Commercial Connection Real Estate LLC

Investment Insights

Based on property information with market context.

This 1,220 square foot medical office space, identified as unit #207 (units 36 & 37), is suitable for various non-medical office uses. The layout includes five exam rooms, a large reception and waiting area, and a large administrative area. It also features two bathrooms. The property offers direct access from the parking lot or through the building. Windows are present in most rooms. The parking lot provides 150+ spaces, with 75 spaces located outside the front door. The property is located across from Waterbury Hospital.

Key Highlights

  • Direct access from parking lot and building.
  • Located across from Waterbury Hospital.
  • Features 5 exam rooms, large reception/waiting area, and large administrative area.

Property Analytics

Current Use

Kent E. Sharian, ... Physician Vedullapalli Ratna L ... Dental Office Romano Salvatore V ... Physician James Williams Physician Lynch Judith Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Hair Salon Carpet & Flooring Store Garden Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,234
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06708, CT

30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
Median Home Value

Market

Lease Benchmarks for Waterbury, CT

$16.19 /SF/Yr
Avg Asking Price
$8.94–$32.27 /SF/Yr
Price Range
1,948 SF
Avg Space Size

This space is priced 14% below the average of $16.19 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Similar Off Market Nearby

  • Pet/Ct Imaging Center Waterbury, CT 06708

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space with exam rooms and parking.
Where is this medical office space located?
The property is located at 171 Grandview Ave Waterbury, CT.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Direct access from parking lot and building.; Located across from Waterbury Hospital.; Features 5 exam rooms, large reception/waiting area, and large administrative area.
(203) 596-7777 Call to check price and availability
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