Medical Office Condo Suites
For Sale
Contact for pricing
333 Kennedy Dr, Torrington, CT 06790
Portfolio of medical office condo suites with long-term tenants.
Property Size11,020 SF
Price / SF$226.13
Days on Market198
Property Features for 333 Kennedy Dr
General Information
Standard status
Active
Size
11,020 SF
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$199,313
Building Details
Year Built
1989
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Anchor Point Capital
Listed By:
Eric Vu · License #01913407
Source:
Crexi
Added: Feb 4
Changed: Aug 21
Last Checked: Aug 20 at 2:58PM
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 Anchor Point Capital
Investment Insights
Based on property information with market context.
This offering comprises a portfolio of three medical office condo suites featuring established medical tenants with an average occupancy of 27 years. The properties operate under 100% NNN leases, requiring minimal landlord management. A significant portion, 59% of the gross leasable area (GLA), is leased to Concentra, a publicly traded company (NYSE: CON) with over 625 locations nationally. The Concentra lease includes 3% annual increases. Overall, 79% of the GLA is occupied by national or regional credit tenants, including Concentra and 42 North Dental, which has over 100 locations. Healthcare is the largest employment sector within a one-mile radius. The location is less than 5 miles from Charlotte Hungerford Hospital, the region's largest employer and hospital network. Situated in an affluent neighborhood with an average household income (AHHI) of $90,800 within 5 miles, the properties are located in Torrington, CT, the largest city in Litchfield County. Torrington serves as the primary commercial, healthcare, and employment hub for Northwest Connecticut. The site is located just off Connecticut 8, a critical north-south corridor running from Massachusetts to the Long Island Sound. The property size is 11020 square feet.
Key Highlights
- Portfolio of 3 Medical Office Condo Suites with Long‑Term, Established Medical Tenants (Average Occupancy 27 Years)
- 100% NNN Leases, offering Minimal Landlord Management
- 59% of GLA Leased to Concentra (Publicly Traded Company, NYSE: CON; 625+ Locations Nationally)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06790, CT
35,486
Population
17,109
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
89%
High-School Grad
41.5 sq mi
ZIP Area
855
Density / Sq Mi
$69,720
Median Household Income
$40,860
Median Earnings
$1,101
Median Rent
$196,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Portfolio of medical office condo suites with long-term tenants.
Where is this medical office space located?
The property is located at 333 Kennedy Dr Torrington, CT.
What is the asking price?
The asking price for this property is $2,492,000.
What are key features of this property?
This property features: Portfolio of 3 Medical Office Condo Suites with Long‑Term, Established Medical Tenants (Average Occupancy 27 Years); 100% NNN Leases, offering Minimal Landlord Management; 59% of GLA Leased to Concentra (Publicly Traded Company, NYSE: CON; 625+ Locations Nationally)
