Trinity Health New England | 1795 Broad St
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Trinity Health New England 1795 Broad St
5,700 SF 100% Leased Industrial Building Hartford, CT 06114 $790,000 ($139/SF) 7.33% Cap Rate
Executive Summary
Investment: New 7-year NNN Lease through 2031. 100% Occupied. 2.25% Annual Rent Bumps.
Stable Tenant: Investment Grade Tenant - Rated AA- (Fitch) with corporate guarantee
Prime Location: Situated in the Barry Square neighborhood, it is minutes away from major highways and steps from Trinity College, ensuring high visibility and accessibility.
Spacious Layout: 5,148 sq, ft. of space in a two-story brick building, offering ample room for various commercial uses.
Value-Add Potential: Located in a growing area with increasing property values, this property offers significant appreciation potential.
Demographics: 257k PPL and $106k+ HHI (5 Mile)
Stable Tenant: Investment Grade Tenant - Rated AA- (Fitch) with corporate guarantee
Prime Location: Situated in the Barry Square neighborhood, it is minutes away from major highways and steps from Trinity College, ensuring high visibility and accessibility.
Spacious Layout: 5,148 sq, ft. of space in a two-story brick building, offering ample room for various commercial uses.
Value-Add Potential: Located in a growing area with increasing property values, this property offers significant appreciation potential.
Demographics: 257k PPL and $106k+ HHI (5 Mile)
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $790,000 | Lot Size | 0.23 AC |
| Price Per SF | $139 | Rentable Building Area | 5,700 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.33% | Year Built | 1986 |
| Property Type | Industrial | Parking Ratio | 3.51/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C |
| Price | $790,000 |
| Price Per SF | $139 |
| Sale Type | Investment |
| Cap Rate | 7.33% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 5,700 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 3.51/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Bus Line
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Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | HTFD-000207-000644-000020 | Improvements Assessment | $149,100 |
| Land Assessment | $24,290 | Total Assessment | $173,390 |
PROPERTY TAXES
Parcel Number
HTFD-000207-000644-000020
Land Assessment
$24,290
Improvements Assessment
$149,100
Total Assessment
$173,390
zoning
| Zoning Code | MS-3 |
| MS-3 |
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Trinity Health New England | 1795 Broad St
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