Barnard Lane Portfolio
1 Barnard Ln & 705 Bloomfield Avenue, Bloomfield, CT 06002
Key features
- 100% Occupied Medical Office Investment
- 3.5-year WALT as of April 22, 2026, with staggered lease expirations through 2031, limiting rollover risk while preserving flexibility.
- Below-Market Rents Provide Future Upside: Several in-place leases, particularly long-term medical tenants, are below prevailing market rental rates, creating meaningful organic NOI growth potential upon rollover or renewal.
- Combined projected 2027 Net Operating Income of approximately $236,196, supported by an established. operating history and approx. $4,000 in rent bumps in 2026/2027
- Convenient and ample (6.6/100 ratio) parking and efficient ingress/egress support patient traffic and staff operations.
- Ideal for investors seeking stable income, downside protection, and long-term rent growth in the suburban Greater Hartford market.
- Long-term, stable ownership: The property has been held by the same owner for 29 years, providing exceptional continuity and stewardship.
- Majority of tenants consist of physician practices and healthcare providers, offering needs-based, recession-resistant occupancy.
- Medical-Focused Tenancy (˜85%) with an average tenure of 9.1 years
- Positioned along a primary commercial corridor with strong visibility, surrounding residential density, and complementary medical uses.
- Resilient Suburban Healthcare Asset
- Strategic Bloomfield Avenue Location
- Strong In-Place Cash Flow
- Suites configured with exam rooms, reception areas, consultation offices, and support spaces, reducing downtime and re-tenanting costs.
- Traditional commercial construction with brick façades, well-suited for long-term medical and professional office use.
- Two well-located commercial buildings totaling approximately 19,633 SF, plus 9,333 SF of basement space, fully leased to a diverse tenant base.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Goman+York
Building Details
- For Sale $3,325,000
- Property Type Office - Medical Office
- Property Size 19,633 SF
- Units 10
- Lot Size 2.16 Acre
- Parking Ratio 5.00 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1977
- Year Renovated 2014
- Date Updated May 20, 2026
Getting Around
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Walk Score ®
Somewhat Walkable (60) -
Bike Score ®
Bikeable (55)
Location
- City Bloomfield, CT
- Zip Code 06002
- Market Bridgeport New Haven
Points of Interest
Hartford Gas Station
2.81 miles
Mobil
2.99 miles
Sunoco
4.11 miles
Cumberland Farms
4.17 miles
EvGateway
4.27 miles
Pride
4.30 miles
Tesla Supercharger
5.41 miles
Cigna Employee Parking
0.98 miles
Visitor Parking
1.06 miles
Cigna Parking Garage
1.14 miles
Golf cart parking area
1.20 miles
Parking for Training building only
1.30 miles
Parking Garage
1.50 miles
Tumblebrook Memebers Parking Lot
1.63 miles
Parking Lot M
2.07 miles
Parking Lot N
2.12 miles
Mister Sparkle Car Wash
3.72 miles
Mitchell Car Wash & Detail Center
4.13 miles
Bubbles Hand Car Wash
4.56 miles
Mr. Sparkle Car Wash
4.95 miles
Bills Limousine Service
5.92 miles
Russell Speeders Car Wash
6.08 miles
VIP Wash & Lube
6.73 miles
Mr Sparkle Car Wash
6.79 miles
CT Auto Spa
6.82 miles
Domino's
0.39 miles
Ruby Tuesday
0.77 miles
Tapas
0.77 miles
private cafeteria
1.12 miles
The Clubhouse
1.18 miles
Dunkin'
1.22 miles
Boston Market
1.37 miles
Jumbo Chinese Buffet
1.38 miles
Gino's Pizza
1.38 miles
Burlington
1.62 miles
Big Y
2.91 miles
Crown Super Market
2.99 miles
Whole Foods Market
3.04 miles
Target
3.11 miles
Paradise Supermarket
3.61 miles
King of Kings
3.70 miles
Bravo
3.86 miles
Albany Grocery Store
3.88 miles
Bloomfield Fire Department Company 1
0.32 miles
Hartford Healthcare Family Health Center
1.02 miles
CVS Pharmacy
1.44 miles
Hebrew Senior Care
1.83 miles
Bloomfield Center Fire Department Duncaster Fire House
2.03 miles
Blue Hills Fire Department Station 1
2.25 miles
Blue Hills Fire Department Station 4
2.36 miles
Blue Hills Fire Department Station 3
2.57 miles
Engine Company 16 Fire Station
2.79 miles
1 Barnard Ln & 705 Bloomfield Avenue Listing Summary
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What is the asking price at Barnard Lane Portfolio?
Barnard Lane Portfolio is currently listed for sale at Contact for pricing.
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What is the total size of Barnard Lane Portfolio?
Barnard Lane Portfolio has a total of 19,633 square feet.
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What is the year built for Barnard Lane Portfolio?
The year built for Barnard Lane Portfolio is 1977.
Goman+York