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Rocky Glen Mill 27-75 Glen Rd 64,426 SF 81% Leased 4-Star Office Building Sandy Hook, CT 06482 For Sale

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INVESTMENT HIGHLIGHTS

  • Ability to accommodate numerous space sizes inside this converted mill offering renovated professional office suites, available for sale or lease.
  • Under new ownership, offering responsive property management, tenant-controlled HVAC and filter systems, and an elevator on each floor.
  • Property features include ample surface parking, exposed brick and wood details, large windows, and modern office buildouts with furnished interiors.
  • Offering relaxing Rocky Glen Falls views throughout the workday, situated approximately 2 miles from the heart of Downtown Newtown.

EXECUTIVE SUMMARY

Rare investment opportunity in beautiful Sandy Hook, Connecticut. These buildings have exposed brick and wood with great views of waterfalls on each property. Buildings have a long-term tenant history with a mix of sizes to fit any office needs. Buildings are 70% occupied, totaling approximately 25,100 Sq Ft or +/- 30% of realizable vacancy upside. Each site has ample parking, elevator access, common baths on each floor, shared kitchenettes, large windows, and high ceilings. Easy access to Interstate 84. Buildings can be sold
separately to investor or owner/user. Financials to be provided upon request.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
64,426 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1831/2017
NOI
$1,195,894 CAD
Percent Leased
81%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
12,885 SF
Slab To Slab
15’
Building FAR
0.11
Lot Size
13.30 AC
Zoning
DD - Development District
Parking
420 Spaces (6.52 Spaces per 1,000 SF Leased)

AMENITIES

  • Commuter Rail
  • Conferencing Facility
  • Courtyard
  • Food Service
  • Pond
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Skylights
  • Waterfront
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NEWT-000042-000013-000001
Land Assessment
$501,325 CAD
Improvements Assessment
$5,213,460 CAD
Total Assessment
$5,714,785 CAD
  • Listing ID: 27246441

  • Date on Market: 2022-12-05

  • Last Updated:

  • Address: 27-75 Glen Rd, Sandy Hook, CT 06482

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