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Key Bank Building 6 Storrs Rd 15,000 SF 100% Leased Retail Building Mansfield Center, CT 06250 $1,895,000 ($126.33/SF) 6.09% Cap Rate
Executive Summary
Located on the corner of Route 195 and Route 6 on Windham/Mansfield line
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$201,600
|
$13.44
|
| Other Income |
$38,250
|
$2.55
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$239,850
|
$15.99
|
| Taxes |
$17,800
|
$1.19
|
| Operating Expenses |
$75,821
|
$5.05
|
| Total Expenses |
$93,621
|
$6.24
|
| Net Operating Income |
$146,229
|
$9.75
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $201,600 |
| Annual Per SF | $13.44 |
| Other Income | |
|---|---|
| Annual | $38,250 |
| Annual Per SF | $2.55 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $239,850 |
| Annual Per SF | $15.99 |
| Taxes | |
|---|---|
| Annual | $17,800 |
| Annual Per SF | $1.19 |
| Operating Expenses | |
|---|---|
| Annual | $75,821 |
| Annual Per SF | $5.05 |
| Total Expenses | |
|---|---|
| Annual | $93,621 |
| Annual Per SF | $6.24 |
| Net Operating Income | |
|---|---|
| Annual | $146,229 |
| Annual Per SF | $9.75 |
Property Facts
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- 5,000 SF
- $24.00
- Triple Net
- Dec 2030
KeyBank began in 1825 through the chartering of the Commercial Bank of Albany and took its current form in 1994 after a merger between Society Corporation and KeyCorp. The company provides personal banking, small business banking, commercial banking, treasury and cash management, lending, and wealth management services across a broad U.S. banking network. KeyBank also serves institutional clients through capital markets, investment banking, and advisory capabilities, while Key Private Bank supports affluent and nonprofit clients with trust, portfolio management, and charitable giving services. The business remains part of a large financial services organization with long historical roots and a diversified mix of consumer, commercial, and institutional offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 5,000 SF | $24.00 | Triple Net | Dec 2030 |
Nearby Major Retailers
Property Taxes
| Parcel Number | MANS-000038-000108-000001 | Total Assessment | $885,400 (2025) |
| Land Assessment | $126,100 (2025) | Annual Taxes | $17,800 ($1.19/SF) |
| Improvements Assessment | $759,300 (2025) | Tax Year | 2024 |
Property Taxes
Contact the Sale Advisor
Key Bank Building | 6 Storrs Rd