Professional Office Building For Sale

Office for Sale
Catylist Listing ID: 30367084
Property Subtypes: Business Park, Office Building
Building Size (RSF): 24,000 SF
Gross Land Area: 1.78 Acres
Sale Price: $2,400,000
Unit Price: $100 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 9,400 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/23/2020

Overview / Comments

Professional Office building in Rocky Neck Business Park, located just off I-95 Exit 72. Other tenants include an Insurance agent, a mortgage company. Building has Central A/C, Town Water/Sewer. Sprinklered.

For Lease 1,400sf to 9,400sf available; 8,000sf on 1st floor and 1,400sf on 2nd floor. $8/sf NNN.

For Sale: $2.4mm

Possible uses: Professional Office, Medical Office, R&D, Call Center and Executive Suites.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: East Lyme
Tax ID/APN: 09.4 8
Property Visibility: Good
Highway Access: I-95 Exit 72 0.5 miles
Airports: Groton / New London 12 miles
Area Description: Located in Rocky Neck Business Park, across the street from the Rocky Neck State Park.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 8,000 SF
Year Built: 1988
Construction/Siding: Wood Frame
Parking Description: Parking lot
Total Parking Spaces: 90
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Propane
Heat Source: Central
Air Conditioning: Other
Zoning Description: Commercial
Lot Frontage: 205
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,702 18,298 31,737
Median Age: 39.85 45.75 46.33
Households: 1,208 7,011 12,568


Photograph of Listing Agent

John E Jensen

Pequot Commercial
ECCPN Member
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