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1450 Southford Rd 11,523 SF 100% Leased 4-Star Retail Building Southbury, CT 06488 $2,226,492 CAD ($193.22 CAD/SF) 11.98% Cap Rate

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INVESTMENT HIGHLIGHTS

  • This retail/office investment opportunity is found at a great Southbury location with high traffic on Rte 67
  • The property's two primary tenants are high quality companies.

EXECUTIVE SUMMARY

Attention Investors…
Retail/Office Investment Opportunity
Great Southbury Location on High Traffic Rte 67
11,523 S/F of Office & Retail Condo Units
2 Primary Tenants are High Quality Companies
Excellent Demographics in a Highly Desirable Community
Major Price Reduction!! $1,595,000.00

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,523 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
Price
$2,226,492 CAD
Price Per SF
$193.22 CAD
Cap Rate
11.98%
NOI
$266,656 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
3.59 AC
Zoning
commercial - Commercial
Parking
47 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
61’ on Southford Rd

AMENITIES

  • Dedicated Turn Lane
  • Signalized Intersection
  • Listing ID: 27590795

  • Date on Market: 2023-01-25

  • Last Updated:

  • Address: 1450 Southford Rd, Southbury, CT 06488

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