This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
88 Hopmeadow St
Simsbury, CT 06070
FORECLOSURE SALE · Office Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Kitchen
- High Ceilings
- Natural Light
- Air Conditioning
ABOUT 88 HOPMEADOW ST , SIMSBURY, CT 06070
Free-standing professional office condominium within the Hopmeadow Business Center (a 3.52-acre parcel with three buildings and parking for ±72 cars). • The layout includes private offices, open office areas, a conference room, and kitchenettes and restrooms on both the main and lower levels. High ceilings and large windows let in natural light. Could appeal to single or multiple tenants. • The property is identified as Unit 2 in the Hopmeadow Business Center Condominium Association, and is responsible for 24.72% of the condominium expenses (trash, site lighting, landscaping, snow removal, business owner insurance, and office administration and accounting fees). For 2018, the total annual expense for the property is $11,178.58. • Good access to major thoroughfares of the area including Route 202 and Route 44. • Pro-forma NOI of ±$71,081 (assuming rent of $16.00 per square, gross + utilities + janitorial), which equates to 16.8% cap rate. Information is from sources deemed to be reliable but not guaranteed
