30 Country Squire Drive
Cromwell, Connecticut

Description:

Exceptional investment opportunity! This purpose-built, Class A medical office building has been repositioned at a new price of $1,300,000, creating an outstanding value well below replacement cost.Located in the heart of Cromwell with immediate access to Routes 9, I-91, Route 372, and I-691, this architecturally designed 11,602-square-foot medical building was constructed in 2009 with efficiency, patient comfort, and long-term functionality in mind. A successful, long-term dental practice occupies the entire 5,801-square-foot main level under a lease that began in 2023 and includes annual rental increases, providing dependable income and built-in growth. The additional 5,801-square-foot lower level is open, creating tremendous upside for an owner-user, additional medical tenant, or future rental income. Designed specifically for medical professionals, the building features a welcoming reception area with a fireplace, an island-style coffee station with refrigeration, abundant natural light throughout patient treatment areas, and an efficient interior layout dedicated to staff operations. Whether you're completing a 1031 Exchange, expanding your investment portfolio, seeking a stable passive income property, or looking for a premier location for your own medical practice, this property offers flexibility, quality, and long-term value. With a strong in-place tenant, immediate upside through the lower level, annual rent escalations, and a dramatic $200,000 price reducti

Listing Courtesy of William Raveis Real Estate