Loretta Okoye - Commercial Real Estate Showcase

Loretta Okoye Property Listings
Ten-X, LLC
1 Mauchly
Irvine, CA 92618-2305

1 Grove Place

New Britain, CT 06053 - New Britain Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1903
Stories:6 Typical Floor:26,666 SF Building Size:160,000 SF
For Sale Price:$8,900,000 Price/SF:$55.63
Cap Rate:-
Parking:Free Surface spaces are available; Free Covered spaces are available

The rooftop has space for cellular/communication towers or antennas for lease and price is negotiable.

Sale Notes:
Call for Offers: Feb 1.
Seller Guidance $8,900,000.
Total Escrow: 30 days.
Deposit $500K.


Property tours are available upon request. Please contact Kyle Meccariello at 860-595-3781 or kmeccariello@damatorealty.com to set up an appointment.

Please note that Phil Goldstein will be out of the office from 1/24 through 2/4. For prompt response, please only contact either Kyle Meccariello or the Ten-X representative during this time.

Investment Highlights:
• Governmental and Medical Leased Office Facility
• Major tenant leases for 10-years.
• A full floor (3rd) available for large tenant.
• Immediate access to major routes and state highways.
• Located in Central Business District.
• Close to Fast Track busway serving central Connecticut.
• On-site security and property management.

Investment Overview:
The attractive renovated mill building is iconic remembrance of the City’s long history of manufacturing. This investment property offers long-term, secured rental income from its major tenants as well as an opportunity to offer prospective tenants a large contiguous space that are not available within the market. New Britain is home to major institutions such as Central Connecticut State University, Hospital of Central Connecticut and the Hospital for Special Care. Stanley Works/Black & Decker is also one of the largest tax payers in the City.

Ten-X, LLC
Loretta Okoye
(212) 228-0221

Ten-X Commercial
(800) 793-6107

D'Amato Realty LLC
Kyle M Meccariello
(860) 583-3489

Westwood Realty Associates
Phil Goldstein
(212) 335-0798

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