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155 Oak St 5,491 SF 100% Leased Office Building Glastonbury, CT 06033 $1,744,900 CAD ($317.77 CAD/SF) 10.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 10.15 CAP Rate

EXECUTIVE SUMMARY

Single Tenant Office building for Sale $1,250,000
Price per SF: $227.73
NOI: $126,841.09
Cap Rate: 10.15%
Lease Term:
Rent: $137,270/year ($11,439.58/month)
Lease Type: Triple Net (NNN)
Commencement: October 1, 2018
Expiration: December 31, 2026
Expenses:
Estimated Insurance: $2,500/year
Property Management Fees: $3,143.16/year
Building Repairs: $4,785.75/year

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $191,618 $34.90
Other Income - -
Vacancy Loss - -
Effective Gross Income $191,618 $34.90
Taxes - -
Operating Expenses - -
Total Expenses $14,558 $2.65
Net Operating Income $177,060 $32.25

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $191,618
Annual Per SF $34.90
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $191,618
Annual Per SF $34.90
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $14,558
Annual Per SF $2.65
Net Operating Income (CAD)
Annual $177,060
Annual Per SF $32.25

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,491 SF
Building Class
B
Year Built
1989
Price
$1,744,900 CAD
Price Per SF
$317.77 CAD
Cap Rate
10.15%
NOI
$177,060 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,878 SF
Building FAR
0.28
Lot Size
0.45 AC
Zoning
Planned Commerce
Parking
26 Spaces (4.34 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GLAS-000006E-004880-W000004A
Land Assessment
$248,388 CAD (2025)
Improvements Assessment
$464,135 CAD (2025)
Total Assessment
$712,523 CAD (2025)
  • Listing ID: 37341755

  • Date on Market: 2025-08-19

  • Last Updated:

  • Address: 155 Oak St, Glastonbury, CT 06033

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