Listed by Colliers - Hartford, Connecticut
$595,000
1850 Silas Deane Hwy
Details
Property Type Office
Sub Type Executive Office
Square Footage 7,500
Units 4
Cap Rate 8.00%
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $79
Class B
Year Renovated 1998, 2005
Stories 2
Acreage 1.000
Zoning Commercial
Investment Type Stabilized
Tenant Credit No Credit Rating
Fully leased office building condo for sale with 5,004 sf for lease
Marketing description
1850 Silas Deane Highway is a 7,500 SF fully-leased office building
condo for sale with 5,004 SF for lease. The entire building is one
condominium unit. This property is ideally located with Silas Deane
Highway frontage near a traffic light (at the entrance to Kohl’s). There
is monument signage with this unit.
Investment highlights
• 7,500 sf office building condo
• 1,600 sf and 1,900 sf space on 1st floor for lease
• 1,504 sf on 2nd floor
• Excellent highway access from I-91, Exit 24 near traffic light
• Rare small investment in an established retail/office corridor
• 20,000+ cars per day
• Upgraded HVAC (last 3 years) and restrooms (in 2012)
• 4 tenants currently leasing building; Approx. NOI is $40,000
Listing Contacts
Listed by Colliers - Hartford, Connecticut
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
