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142 Queen St 2,491 SF 100% Leased Office Building Southington, CT 06489 $415,000 ($166.60/SF) 5.24% Cap Rate
Investment Highlights
- High Traffic area
- Tenants with national brands
- Building condition is above average
Executive Summary
This commercial property has recently been remodeled, has a newer central air system, finished lower walkout level with two bathrooms, 20+ parking spaces, property currently has three top regional tenants, large conference room, kitchen area, gas heat, great location with high traffic count in Southington.
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- Operating and Financials
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
2,491 SF
Building Class
B
Year Built/Renovated
1949/2010
Price
$415,000
Price Per SF
$166.60
Cap Rate
5.24%
NOI
$21,760
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
830 SF
Building FAR
0.13
Lot Size
0.45 AC
Zoning
B - Business
Parking
20 Spaces (8.03 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Property Taxes
| Parcel Number | SOUT-000145-000000-000006 | Improvements Assessment | $82,890 |
| Land Assessment | $139,650 | Total Assessment | $222,540 |
Property Taxes
Parcel Number
SOUT-000145-000000-000006
Land Assessment
$139,650
Improvements Assessment
$82,890
Total Assessment
$222,540
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142 Queen St
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