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Property profile

181 Shunpike Rd Unit B Cromwell Ct Cromwell, CT 06416

OFF-MARKET
Specialty properties
4,200 SF 2.95 ac lot Built 2008
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Property summary

AI-generated overview

This single-tenant, 4,200-square-foot medical office building is located at 181 Shunpike Rd, Unit B, Cromwell, CT 06416, near the Rocky Hill town line. Built in 2008, this one-story building sits on a 2.95-acre lot and offers 24 parking spaces. The property is zoned for business use and enjoys high visibility with approximately 10,000 vehicles passing daily. The space features central air and heating, a kitchen, private restrooms, fully carpeted offices, a pre-installed security system, and recessed lighting. Landlord improvements are available to customize the space to meet tenant needs, and the building can be subdivided into two units. The property benefits from convenient access to Route 9 and Interstate 91, and is within 20 minutes of Hartford, and close to Bradley International Airport and several Amtrak stations. The lease rate is $25 per square foot NNN, or $30 per square foot with CAMs if subdivided. Utilities, property expenses, and building services are not included in the lease rate. A two-month security deposit and credit check are required. The space is immediately available. This location shares the property with The Learning Experience, a two-year winner of the Center of Excellence Award, located in a separate building.

Property profile

Verified
Property type Specialty properties
Year built 2008
Total area 4,200 SF
Lot 2.95 ac (128,502 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

181 Shunpike Rd Unit B Cromwell Ct Cromwell, CT 06416
Cromwell metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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