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1001 Farmington Ave 11,792 SF 63% Leased Office Building Bristol, CT 06010 $1,005,000 ($85.23/SF) 4.19% Cap Rate



EXECUTIVE SUMMARY
11,792 sf office/commercial building on a 0.63 acre lot. There are 8 economic units with 6 units leased. The two vacant units are a 1,750 sf former medical office on the 1st floor and an 860 sf office suite on the 2nd floor. The is an attractive, well maintained building with 36 parking space, sign directory and some signage on the building. High traffic and visibility on Route 6. This is ideal space for a medical or business professional wishing to own instead of leasing or an investor.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,792 SF
Building Class
C
Year Built
1964
Price
$1,005,000
Price Per SF
$85.23
Cap Rate
4.19%
NOI
$42,150
Percent Leased
63%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,930 SF
Slab To Slab
10’6”
Building FAR
0.43
Lot Size
0.63 AC
Zoning
BG
Parking
38 Spaces (3.72 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Kitchen
- Central Heating
- Fully Carpeted
- Natural Light
- Reception
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Midwest Dental Arts Inc
- Health Care and Social Assistance
- -
- -
- -
-
Jan 0000
- Schultz Construction
- Construction
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Midwest Dental Arts Inc | Health Care and Social Assistance | - | - | - | Jan 0000 | |
| Schultz Construction | Construction | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 860 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 201
- 1,750 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 860 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 201 | 1,750 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 860 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 201
| Size |
| 1,750 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | BRIS-000053-000000-000142A-000002 | Improvements Assessment | $433,160 |
| Land Assessment | $169,820 | Total Assessment | $602,980 |
PROPERTY TAXES
Parcel Number
BRIS-000053-000000-000142A-000002
Land Assessment
$169,820
Improvements Assessment
$433,160
Total Assessment
$602,980
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1001 Farmington Ave
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