Log In/Sign Up
Your email has been sent.
155 Oak St 5,491 SF 100% Leased Office Building Glastonbury, CT 06033 $1,250,000 ($227.65/SF) 10.15% Cap Rate
Investment Highlights
- 10.15 CAP Rate
Executive Summary
Single Tenant Office building for Sale $1,250,000
Price per SF: $227.73
NOI: $126,841.09
Cap Rate: 10.15%
Lease Term:
Rent: $137,270/year ($11,439.58/month)
Lease Type: Triple Net (NNN)
Commencement: October 1, 2018
Expiration: December 31, 2026
Expenses:
Estimated Insurance: $2,500/year
Property Management Fees: $3,143.16/year
Building Repairs: $4,785.75/year
Price per SF: $227.73
NOI: $126,841.09
Cap Rate: 10.15%
Lease Term:
Rent: $137,270/year ($11,439.58/month)
Lease Type: Triple Net (NNN)
Commencement: October 1, 2018
Expiration: December 31, 2026
Expenses:
Estimated Insurance: $2,500/year
Property Management Fees: $3,143.16/year
Building Repairs: $4,785.75/year
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$137,270
|
$25.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$137,270
|
$25.00
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,429
|
$1.90
|
| Net Operating Income |
$126,841
|
$23.10
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $137,270 |
| Annual Per SF | $25.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $137,270 |
| Annual Per SF | $25.00 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,429 |
| Annual Per SF | $1.90 |
| Net Operating Income | |
|---|---|
| Annual | $126,841 |
| Annual Per SF | $23.10 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,491 SF
Building Class
B
Year Built
1989
Price
$1,250,000
Price Per SF
$227.65
Cap Rate
10.15%
NOI
$126,841
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,878 SF
Building FAR
0.28
Lot Size
0.45 AC
Zoning
PI
Parking
26 Spaces (4.34 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Storage Space
- Air Conditioning
1 1
Property Taxes
| Parcel Number | GLAS-000006E-004880-W000004A | Improvements Assessment | $331,300 (2025) |
| Land Assessment | $177,300 (2025) | Total Assessment | $508,600 (2025) |
Property Taxes
Parcel Number
GLAS-000006E-004880-W000004A
Land Assessment
$177,300 (2025)
Improvements Assessment
$331,300 (2025)
Total Assessment
$508,600 (2025)
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
155 Oak St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.