Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
5 Shaws Cove
New London, CT 06320
Asking Price
$5.45M
Cap Rate
9.29%
Asset Type
Medical Office Office
Class
Class B
What's Special
Medical & Professional Office | 9.29% CAP | 37,026 SqFt <ul><li>87 Percent Occupied Multitenant Medical Office Located in New London MSA | ECommerce and Recession Proof Tenant Mix, Added Value Through Lease Up</li><li>37,475 Square Feet | 2.13 Acres | Major Tenants Include DaVita, Columbia Dental, and Hanger Prosthetics</li><li>DaVita has a Investment Grade Credit Rating of BBB- (S&P) | 10 Plus Year Historical Occupancy</li><li>Low Basis Entry Point with Staggered Lease Rollover | Rare Opportunity to Acquire Signature, Multitenant Office with Med
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
1.47%
DSCR
0.25
Underwater
Cash-on-Cash
-14.90%
Monthly Payment
$26,963.626
Annual Cash Flow
$-243,563.517
