Office Medical
One Herald Square
1 Herald Square, New Britain, CT 06051
Listing Price: $6,352,712
Investment Overview
Located in the heart of Historic New Britain, a thriving and growing community with numerous development projects proposed and recently completed projects consisting of “The Brit” a 107 Unit Mixed-Use Community, “The Highrailer”, a 114 Unit Mixed-Use Community, and “Columbus Commons”, an 80 Unity Multifamily Community. Close proximity to the Hospital of Central CT (414 Beds), Central Connecticut State University (12,000 Undergraduates) and CTFastrak Bus Line, Servicing direct access to all of Hartford County’s largest cities
One Herald Square
Investment Highlights
- The property sits on 2.19 acres with a generous parking ratio of 3.94 spaces per 1,000 SF and 103 parking spots, accommodating medical and office traffic.
- Situated near Route 9 (64,334 VPD) and Route 72 (56,000 VPD) with direct visibility to the Harry Truman Overpass (19,704 VPD); excellent access for both patients and employees.
- Over 77% of the Rent Roll is healthcare-related (dialysis, primary care, emergency medicine), offering income stability and recession resistance.
Listing Price: $6,352,712
Investment Highlights
- The property sits on 2.19 acres with a generous parking ratio of 3.94 spaces per 1,000 SF and 103 parking spots, accommodating medical and office traffic.
- Situated near Route 9 (64,334 VPD) and Route 72 (56,000 VPD) with direct visibility to the Harry Truman Overpass (19,704 VPD); excellent access for both patients and employees.
- Over 77% of the Rent Roll is healthcare-related (dialysis, primary care, emergency medicine), offering income stability and recession resistance.
Investment Overview
Located in the heart of Historic New Britain, a thriving and growing community with numerous development projects proposed and recently completed projects consisting of “The Brit” a 107 Unit Mixed-Use Community, “The Highrailer”, a 114 Unit Mixed-Use Community, and “Columbus Commons”, an 80 Unity Multifamily Community. Close proximity to the Hospital of Central CT (414 Beds), Central Connecticut State University (12,000 Undergraduates) and CTFastrak Bus Line, Servicing direct access to all of Hartford County’s largest cities
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