Danielson 2,975 SF Office/Retail former Medical Clinic Space

In a General Commercial Zone located 580 feet from I-395 and between routes 12 & 395. Ample parking, (144 spaces) co-tenants include a nail spa, Danielson Pharmacy, Community Health Resources, USDA, and others. Conveniently located right off Exit 38 I-395 and near national credit tenants. Grade level, 10′ clear to bar joist, Ample parking Approximately 144 spaces total, Gas Heat, Next to Danielson Pharmacy, Next to Community Health Resources

For Sale Three buildings on Total Acres: 34.06

Call Agent For Pricing.
For Sale or Lease Three buildings on Total Acres: 34.06, Public Water & Public Gas. Zone: C-I
Commercial Industrial. Allowed Uses: Medical Facility, Cannabis Cultivation & Sales, Distribution, Special Education, Office, Flex
space, Retail, Warehouse, Manufacturing. Proposed Changes: New City gas heat & central AC, New Building Exteriors, New
Roofs, New Windows, New Asphalt, and New Landscaping.
Also for Lease. Agent is Owner

Willimantic Gateway Commons: Unit #1

Centrally located with direct highway access to Rte 6, located on Route 32 (W Main Street), Gateway Commons: 2100 SF
available for retail or office. Busy retail/office location. Other tenants include Liberty Bank, Med EAST Urgent Care, Blondie’s
Diner. Ocean State Job Lot is across the parking lot from this location. Space available is currently set up with 6
exam/treatment rooms. kitchen area, staff room, and bathroom. On busy Route 32 next to exit/entrance to Route 6. Unit #1
2,100 SF . Unit #2, 1,550 SF, is also available see MLS listing #170578931. See additional documents for the floor layout.
$19.75/SF/YR + NNN. Owner is a licensed real estate broker.

Willimantic Gateway Commons: Unit #2

Centrally located with direct highway access to Rte 6, located on Route 32 (W Main Street), Gateway Commons:Unit#2- 1550SF
available for retail or office. Busy retail/office location. Other tenants include Liberty Bank, Med EAST Urgent Care, Blondie’s
Diner. Ocean State Job Lot is across the parking lot from this location. Space available is currently set up with large open front
space, one back office, handicapped bathroom equipped with handicapped shower. On busy Route 32 next to exit/entrance to
Route 6. Unit #1 2,100 SF, adjacent to this space, is also available see MLS listing #170264412. $19.75/SF/YR + NNN. Owner
is a licensed real estate broker.

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Lyman Guide

Ways to Financially Analyze a Commercial Real Estate Investment

Commercial real estate (CRE) is a numbers game

So, financial analysis is the foundation for making informed commercial real estate decisions

  • Helps you evaluate financial performance, investment return, property values
  • Helps you arrive at the value of a purchase, compare purchase options

Key measures

  • Net operating income (NOI)
    • NOI = gross income — operating expenses
    • Lenders use this to determine the maximum loan amount they’ll approve
  • Debt-service-coverage ratio (DSCR)
    • DSCR = NOI / annual debt service
    • Tells you the cash flow available to service the property’s debt
    • DSCR of 1.25 or higher normally adequate for a CRE investment
  • Capitalization rate (cap rate)
    • Cap rate = NOI / property’s market value
    • Used to determine the rate of return expected on an investment property
    • Can also calculate a property’s value based on a desired rate of return, using the following formula:
      • Property value = NOI / cap rate
    • Useful for comparing the relative values of alternative CRE investments
    • Higher cap rate generally indicates a higher return, but also, typically, a higher risk
  • Return on Investment (ROI)
    • REI = NOI / amount invested
    • The higher the ROI, the better the investment
  • Cash-on-cash return (CoC)
    • CoC = annual pretax cash flow / total cash invested
    • The higher the CoC return, the better the investment