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    816 Broad St Meriden, CT 06450

    Sponsored
    For Lease
    $18 SF/Yr

    Modern medical suites, ample parking, prime location

    Lot size:
    32,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This Meriden, CT medical office complex, located at 816-820 Broad Street, offers 7,248 square feet of immediately available space in two divisible units ranging from 1,609 to 5,000 contiguous square feet. The property features three buildings, each two stories high, totaling 32,130 square feet on a 3.88-acre lot. Built in 2000, the complex provides 188 parking spaces, ensuring convenient access for patients and staff. The property is zoned C-2 and situated in New Haven County, offering excellent visibility on Broad Street with a high average daily traffic count of up to 18,400 vehicles. Its convenient location is just 1.4 miles from I-691 Exit 8, providing easy access for commuters. The existing build-out is ideal for medical practices, and the 100-amp power supply supports various medical equipment needs. While elevators are not present, the two-story building design ensures accessibility. This is a fantastic opportunity for medical professionals seeking a well-maintained, conveniently located, and easily accessible office space in a thriving area.

    Property Features for 816 Broad St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,130 SF
    Total Rate
    48195

    Building Details

    Year Built
    2000
    Buildings
    3
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 10
    Size
    5,000 SF
    Rate per SF
    $18
    Space
    Unit 13
    Size
    2,248 SF
    Rate per SF
    $18

    HighLights

    • 7,248 SF of immediately available medical office space in two divisible units (5,000 SF & 2,248 SF).
    • 188 parking spaces.
    • C‑2 zoning.
    • 1/2 mile to I‑691, Exit 8.
    • High visibility location with up to 18,400 ADT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dennis C Lanzoni ... Attorney Michael D Day ... Family Law Attorney Pro Health Testing ... Diagnostic Center Hoyt Pepe Vincent ... Obstetrician-Gynecologist Abeles Aryeh MD Rheumatologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.78687537
    Latitude
    41.540952

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    FAQs

    What type of property is this?
    Medical office - Modern medical suites, ample parking, prime location
    Where is this medical office located?
    The property is located at 816 Broad St Meriden, CT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 7,248 SF of immediately available medical office space in two divisible units (5,000 SF & 2,248 SF).; 188 parking spaces.; C-2 zoning.
    Request Owner's contact information
    816 Broad St Meriden, CT 06450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    816 Broad St Meriden, CT 06450
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