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199 & 215 Elm Street 2 Properties in New Canaan, CT
INVESTMENT HIGHLIGHTS
- Prime location across the street from New Canaan Metro-North train station and 300 feet from retail center.
- Both buildings are fully leased, providing immediate return on investment.
EXECUTIVE SUMMARY
199 & 215 Elm Street are office and office/retail buildings located directly across the street from the New Canaan Metro-North train station, and just 300 feet west of the town's retail center. 199 Elm St is a pristine landmark building with period details and an abundance of natural light. 215 Elm St was constructed in 2016 with a very modern design and top-of-the-line materials. Both buildings are fully leased, with two parking lots available to both tenants and visitors.
PROPERTY FACTS
| Sale Condition | Bulk/Portfolio Sale | Number of Properties | 2 |
| Cap Rate | 5.50% | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 23,886 SF |
| Status | Active | Total Land Area | 0.82 AC |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.50% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 23,886 SF |
| Total Land Area | 0.82 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 199 Elm St, New Canaan, CT 06840 | Office | 20,440 SF | 1944 | - |
| 215 Elm St, New Canaan, CT 06840 | Retail | 3,446 SF | 2015 | - |
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199 & 215 Elm Street
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