Your email has been sent.
INDUSTRIAL AND OFFICE USES 887 Main St 12,500 SF 86% Leased Office Building Monroe, CT 06468 $2,150,000 ($172/SF) 7.49% Cap Rate
INVESTMENT HIGHLIGHTS
- 7.6% CAP RATE
- 1 True Vacancy but 2nd unit is available to sub-lease. Net income does not reflect vacancy.
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
- Storage Space
- Natural Light
- Monument Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This suite is 500 SF with common area of hallway and restrooms. Parking in the front. This is a base rent of $1,100 per month plus electric, which is separately metered. CAM charge of $115.42 per month. This covers heat, exterior maintenance. The unit offers the ability to put signage on the monument sign on the road and entrance to the property. The unit is private suite on the main level.
This suite is 1,250 SF with common area of hallway and restrooms. Monthly rent comes out to $2,200 per month. This is a base rent plus electric, which is separately metered. CAM charge is $277.09 which includes the heat, which is centralized and exterior maintenance. The unit itself is light and bright with large windows facing the front of the building. This location offers the ability to have great visibility by putting your business name on the monument sign on the road and entrance to the property.Parking in the front. The unit is private suite on the main level. Big windows and front of building location. Former meeting room but can be multiple uses except retail.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 3 | 500 SF | Office | - | Now |
| 1st Fl - 5 | 1,250 SF | Flex | - | Now |
1st Fl-Ste 3
| Size |
| 500 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl - 5
| Size |
| 1,250 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 3
| Size | 500 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
This suite is 500 SF with common area of hallway and restrooms. Parking in the front. This is a base rent of $1,100 per month plus electric, which is separately metered. CAM charge of $115.42 per month. This covers heat, exterior maintenance. The unit offers the ability to put signage on the monument sign on the road and entrance to the property. The unit is private suite on the main level.
1st Fl - 5
| Size | 1,250 SF |
| Space Use | Flex |
| Condition | - |
| Available | Now |
This suite is 1,250 SF with common area of hallway and restrooms. Monthly rent comes out to $2,200 per month. This is a base rent plus electric, which is separately metered. CAM charge is $277.09 which includes the heat, which is centralized and exterior maintenance. The unit itself is light and bright with large windows facing the front of the building. This location offers the ability to have great visibility by putting your business name on the monument sign on the road and entrance to the property.Parking in the front. The unit is private suite on the main level. Big windows and front of building location. Former meeting room but can be multiple uses except retail.
PROPERTY TAXES
| Parcel Number | MONR-000103-000011 | Improvements Assessment | $446,700 |
| Land Assessment | $265,860 | Total Assessment | $712,560 |
PROPERTY TAXES
Presented by
INDUSTRIAL AND OFFICE USES | 887 Main St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.