Building Details

Tenancy Multi

Listing Agency: O,R&L Commercial, LLC Show Phone

Listed By: Toby Brimberg · License #RES.0076659 Show Phone

Source: Moodyscre

Added: Oct 6 Changed: Oct 10 Last Checked: Oct 11 at 8:45AM

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Investment Insights

Based on property information with market context.

This 8,829-square-foot medical office condominium is fully leased to five tenants: Northeast Medical Group, Cheshire Dermatology, CTACC, and Dietician Driven. Northeast Medical Group occupies two suites, while the other tenants occupy one suite each. Leases have been renewed recently, and the property has a 9% cap rate.

The property is on Route 10, where average daily traffic is 23,000. Highway access to I-84 is available via I-691 and I-91.

Key Highlights

• 8,829‑square‑foot medical office condominium
• 100% leased to 5 medical tenants
• Recently renewed leases

Property Analytics

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Current Use

Christopher D'Souza, MD ... Physician Comprehensive Pain Clinic Medical Clinic Alexander Jeanne Duma ... Alternative Medicine Practice Bhupesh Mangla, MD ... Physician Yasser Shaheen Physician

Suggested Use

Top Pick Parking Lot & Garage Building Supply Barber Shop Plumbing Service Cafe & Coffee Shop Electrical Service

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

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

473

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 06410, CT

28,559

Population

10,463

Households

2.7

Avg Household Size

45

Median Age

62%

College-Educated

93%

High-School Grad

32.2 sq mi

ZIP Area

887

Density / Sq Mi

$150,524

Median Household Income

$78,636

Median Earnings

$1,288

Median Rent

$419,200

Median Home Value

Market

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Five medical tenants occupy the fully leased condominium, with leases recently renewed.

Where is this medical office space located?

The property is located at 677 S Main St Cheshire, CT.

What is the asking price?

The asking price for this property is $1,780,000.

What are key features of this property?

This property features: 8,829‑square‑foot medical office condominium; 100% leased to 5 medical tenants; Recently renewed leases