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Browse More Listings in Office For Sale, Westport, CT or Connecticut

Office Property - Off Market

For Sale by Owner - 100% Occupied !!

22 Crescent Rd, Westport, CT 06880

Price:
N/A
Building Size:
5,348 SF
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Medical Office
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
7%
Occupancy:
100%
No. Stories:
2
Tenancy:
Multiple
Lot Size:
16,418 SF

Last Verified 11/3/2009 Listing ID 16262330

Highlights

100% occupied
1700 sq ft lease back option for owner/user
Stable, long term tenants

Medical or Office
Turnkey investment

Description

100% leased to medical & other long term tenants with 5% annual increases.
1700 sq ft can be made available to Owner/user.
Over 5 years Cap rate increases to 8.5% and cash on cash to 11.3%
Stable & well managed. Recently remodeled. GREAT INVESTMENT
Brokers protected.

Central location off Post Rd East (route 1) next to Shopping Center and the new Fresh Market (formerly Shaws).

Map of 22 Crescent Rd, Westport, CT 06880 (Fairfield County)

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Created 6/3/2009

Additional Information for 22 Crescent Road, Westport, CT 06880

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Office Property For Sale - For Sale by Owner - 100% Occupied !!

22 Crescent Rd, Westport, CT, 06880