415 Silas Deane Hwy - Office FOR SALE


Wethersfield, CT 06109- New Britain/Newington/Wethersfield
$2,580,108 USD
203-486-9039
415 Silas Deane Hwy, Wethersfield, CT for Sale
$2,580,108 USD
Office - FOR SALE
1/6
null | 7.75% Cap Rate

415 Silas Deane Hwy
Wethersfield, CT 06109
New Britain/Newington/Wethersfield


HIGHLIGHTS

  • Scheduled Rent Increases
  • Strategic Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire multi-tenant office investment property located at 415 Silas Deane Highway in Wethersfield, Connecticut (the “Property”). Constructed in 1970, 415 Silas Deane Highway consists of a four-story, multi-tenant office building containing 18,133 square feet of space on 0.86 acres of land. 415 Silas Deane Highway is 100% occupied, offering a strong in-place income. The Property is well-located at the signalized intersection of Silas Deane Highway and Marion Avenue, benefiting from excellent visibility, frontage and access points on both roads as well as ample on-site parking. The location is situated between Interstate 91 and US Route 5, both less than a mile from the Property, providing convenient access to Downtown Hartford (4-miles) and all areas of the state. Silas Deane Highway is the primary commuter and commercial corridor directly south of Hartford and features a number of major shopping centers and retail amenities. The area is surrounded by dense residential neighborhoods that support a robust consumer base.

FOR SALE DETAILS

PRICE

$2,580,108 USD

PRICE/SF

$142 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

O

APN/PARCEL ID

WETH-000208-000000-000022

ASK ABOUT THIS PROPERTY

Tom ConnorHorvath & TremblayMore Info
203-486-9039

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Tom ConnorHorvath & TremblayMore Info
203-486-9039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.