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31260055
31260061

6 Griffin Rd N, Windsor, CT 06006

HK
MA 9550567, FL 3235244
Marcus & Millichap - Boston
CE
NJ 1863116
Marcus & Millichap - New Jersey
Listed by Marcus & Millichap - Boston, Marcus & Millichap - New Jersey
$7,100,000
73 days on market
Updated 24 days ago

USPS Northeast Operations Facility

Details
Property Type Office
Sub Type Traditional Office
Square Footage 67,364
Cap Rate 8.54%
NOI $605,994
Occupancy 100%
Tenancy Single
Brand/Tenant United States Postal Service
Lease Type Modified
Lease Term 41
Lease Expiration 06/29/2031
Remaining Term 5.1
Lease Options 2 Renewal Options, 5 Years Each
Pro-Forma Cap Rate 8.54%
Pro-Forma NOI $605,994
Price per SqFt $105
Year Built 1980
Buildings 1
Stories 2
Parking Spaces 257 spaces
Parking Per SqFt 3.82
Investment Type Institutional
Tenant Credit Credit Rated
Lease Commencement 06/30/1990
Occupancy Date 06/30/1990

Office | 8.54% CAP | 67,364 SqFt

Marketing description

Marcus & Millichap is pleased to present for immediate sale 6 Griffin Road, a mission-critical United States Postal Service (USPS) Northeast Area Operations administrative facility. Since 1990, USPS has operated regional functions for much of the Northeast from this location. In December 2025, the tenant executed an early lease extension through 2031, with options to extend for 10 years or more, ensuring its long-term presence in the building. As part of the extension the owner will be completing over $300,000 in building renovations. This two-story building includes 257 private parking spaces and one elevator. Divided into two wings the building is easily configured to be subdivided for four separate tenants, or for redevelopment as multi-family.

The property is located within a major business park, 12 miles from Downtown Hartford. This park includes 375,616 SF of office space and is home to major companies including The Hartford and Cigna. A redevelopment of several buildings in the park is expected to create 200+ multifamily units of housing, creating a live/work environment that is hard to find in the Hartford market. The pro-active Windsor Government has been a leader in pushing new zoning that will allow widespread conversions of vacant office to residential and potentially industrial uses, further enhancing the value of the occupied properties.

Investment highlights

  • 100% of the lease is guaranteed by the U.S. government.
  • Well located U.S.P.S. administrative facility covering the northeast region.\
  • Hundreds of residential units coming to the park through office-apartment conversions.

Listing Contacts

HK
MA 9550567, FL 3235244
Marcus & Millichap - Boston
CE
NJ 1863116
Marcus & Millichap - New Jersey
Listed by Marcus & Millichap - Boston, Marcus & Millichap - New Jersey

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$605,994.00
$50,499.50/mo

Valuation Metrics

0
DSCR
8.54%
Cap Rate
8.54%
ROI

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Additional Information

Name
John Krueger
License
CT REB.0752012
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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