1257 Broad St, Meriden, CT 06450
This exceptional 2,000 square foot medical office space, located at 1257 S Broad St in Wallingford, CT, presents a fantastic opportunity for medical professionals seeking a prime location. Situated within a larger building totaling 39,815 square feet, this single-tenant unit offers a fresh start, having recently undergone demolition, making it ready for immediate tenant build-out to suit specific needs. The space boasts a 12-foot ceiling height, providing ample room for efficient layout and design. The property sits on a generous 3.5-acre lot and benefits from exceptional visibility and accessibility, with an average daily traffic count of 17,100 vehicles. The building was constructed in 1986 and is zoned RF40, allowing for a variety of uses. The lease rate is $16.50 per square foot, triple net (NNN), plus utilities. Estimated net operating expenses are $4.95 per square foot. The monthly rent, inclusive of utilities, is $3,575. This property is ideal for a practice seeking a modern, well-located, and easily customizable space in a high-traffic area. The property is classified as both retail and office, making it versatile for a range of medical or related businesses.
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HealthMed Medical and Urgent care Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.