Leased Medical Office
For Sale
Contact for pricing
506 Cromwell Ave, Rocky Hill, CT 06067
Two-story, at-grade medical office building is 100% leased to seven tenants and includes on-site parking and signage.
Property Size12,262 SF
Lot Size0.91 Acres
Days on Market120
Property Features for 506 Cromwell Ave
General Information
Standard status
Active
Size
12,262 SF
Lot size
0.91 Acres
Property subtype
Office
Zoning
C
Occupancy
100%
Amenities
Pylon sign
Directory signage
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
O, R&L Commercial
(860) 721-0033
Listed By:
Jay Morris · License #CT REB.0755257
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 8:56AM
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 O, R&L Commercial
Investment Insights
Based on property information with market context.
O,R&L Commercial is pleased to present for sale a 12,262± SF medical office building at 506 Cromwell Avenue in Rocky Hill, CT. The property is a two-floor structure at grade and is currently 100% leased with seven tenants, including four owner-tenants who will do a three-year sale/leaseback.
The building is situated on 0.91 acres in the C zone and offers a parking ratio of 4/1000. Marketing materials indicate pylon and directory signage, and the site is described as having a high traffic count of 17,400.
This investment property is offered as a stabilized, fully leased medical office asset with an in-place tenant roster supporting day-to-day occupancy.
The building is situated on 0.91 acres in the C zone and offers a parking ratio of 4/1000. Marketing materials indicate pylon and directory signage, and the site is described as having a high traffic count of 17,400.
This investment property is offered as a stabilized, fully leased medical office asset with an in-place tenant roster supporting day-to-day occupancy.
Key Highlights
- 12,262± SF two‑story, at‑grade medical office building at 506 Cromwell Avenue
- 100% leased to 7 tenants, with 4 tenant owners planning a 3‑year sale/leaseback
- Situated on 0.91 acres in the C zone, with a projected 2023 NOI of $118,500
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06067, CT
20,809
Population
9,300
Households
2.2
Avg Household Size
43
Median Age
49%
College-Educated
95%
High-School Grad
13.3 sq mi
ZIP Area
1,565
Density / Sq Mi
$100,122
Median Household Income
$62,506
Median Earnings
$1,705
Median Rent
$329,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Similar Off Market Nearby
- Animal Hospital of Rocky Hill — 588 Cromwell Ave, Rocky Hill, CT 06067
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story, at-grade medical office building is 100% leased to seven tenants and includes on-site parking and signage.
Where is this medical office space located?
The property is located at 506 Cromwell Ave Rocky Hill, CT.
What are key features of this property?
This property features: 12,262± SF two‑story, at‑grade medical office building at 506 Cromwell Avenue; 100% leased to 7 tenants, with 4 tenant owners planning a 3‑year sale/leaseback; Situated on 0.91 acres in the C zone, with a projected 2023 NOI of $118,500
