Property profile

30 Dorset Xing Simsbury, CT 06070

FOR LEASE
Office buildings
Property ID
US15-1065655
15,359 SF 6.49 ac lot Built 2012
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 15,000-square-foot medical office building, constructed in 2012, is ideally situated at 30 Dorset Crossing in Simsbury, Connecticut, on Route 202. The property boasts 13,500 square feet of versatile clinical space, encompassing various office suites and a community room, perfectly suited for a range of medical practices. A substantial 4,000-square-foot urgent care suite is included, complete with a dedicated radiology room and lab space featuring multiple blood drawing stations. The 6.49-acre lot offers significant potential, with additional land approved for diverse uses available within the Dorset Crossing development, which also includes The Pointe apartment complex. This prime location benefits from high visibility and accessibility, featuring direct frontage on Route 202 with a signalized entrance, ensuring convenient access for patients and staff. The level land boasts excellent drainage, and all utilities are readily available. The property enjoys a strategic location, just 15 minutes from Bradley International Airport and 25 minutes from downtown Hartford, providing easy access for both local and regional clientele. The seller is open to considering a lease with an option to buy, or a lease at a rate of $17.50 per square foot annually, plus a CAM charge of $9 per square foot annually. With a daily traffic count of approximately 12,000 vehicles, this property presents a compelling investment opportunity in a thriving medical market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2012
Total area 15,359 SF
Lot 6.49 ac (282,704 SF)
Zoning code PAD
APN SIMS M:I04403013-A B:0 L:0
UPID US15-1065655

Cap rate & NOI

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

Location

30 Dorset Xing Simsbury, CT 06070
Simsbury metro Census 466201 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.85M

Owner & transaction history

Zoning & alternative use

PAD · Simsbury, CT
Zoning description

8.1 PLANNED AREA DEVELOPMENT ZONE (PAD) (ADOPTED MAY 3,2010) PURPOSE: The purpose of this Regulation is to establish a process for a change of zone pursuant to Connecticut General Statues § 8-3 to permit the planned area…

General category UNKNOWN
Top alternative use upside
Restaurant $2.6M +55.2%
Retail stores $1.8M +4.4%

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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