Two Tenant Medical Building & Bank — Sale in Enfield, CT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Enfield, CT 06082

Photos

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Investment Figures

Cap rate
8.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

See Highlights 1 of 4 Previous Next ← Move left → Move right ↑ Move up ↓ Move down + Zoom in - Zoom out Enfield, Connecticut Enfield, Connecticut View on Google Maps Custom Imagery This image is no longer available Keyboard shortcuts Map Data © 2026 Google © 2026 Google Terms Report a problem Gallery (4) View Map Street View × Two Tenant Medical Building & Bank Close Investment Highlights High Visibility - The property is located between Cranbrook Boulevard and Hazard Avenue with ingress and egress access onto each street. Hazard Avenue sees over 28,000 vehicles per day. Strategic Location - The subject property is located just south of Enfield Mall which is undergoing a $250M renovation as well as core submarket anchor tenants Costco and Home Depot. Strong Population - With 77,000+ residents and 29,000+ households within 5 miles, there is an ample customer base for the tenant. The 5-Mile average household income exceeds $120,000. Retail Corridor - The Enfield submarket is one of the strongest retail markets in the state with exceptional vacancy rates below 5% and rental rates increasing year over year. Corporately Guaranteed Tenants - The property is 100% leased to long-term tenants M&T Bank and Radiology Associates, both of which recently signed five year lease extensions, and SoNE Health Medical Group , which recently executed a five year lease to expand its area presence. Investment Highlights: • High Visibility - The property is located between Cranbrook Boulevard and Hazard Avenue with ingress and egress access onto each street. Hazard Avenue sees over 28,000 vehicles per day. • Strategic Location - The subject property is located just south of Enfield Mall which is undergoing a $250M renovation as well as core submarket anchor tenants Costco and Home Depot. • Strong Population - With 77,000+ residents and 29,000+ households within 5 miles, there is an ample customer base for the tenant. The 5-Mile average household income exceeds $120,000. • Retail Corridor

Market Context

This retail in Enfield, CT is listed for sale. It is offered at an approximate 8.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Enfield, CT — view the full market.

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