Steven C Neiditz - Commercial Real Estate Showcase

Steven C Neiditz Property Listings
Principal
Figure Eight Properties
433 S Main St
Suite 328
West Hartford, CT 06110
(860) 313-5400 x161
(860) 521-3981


DetailMap
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
% Leased:
For Sale Price:$8,900,000 Price/SF:$55.63
Cap Rate:7.86 %
Smallest Space:1,500 SF Largest Space:12,000 SF Total Space Avail:30,000 SF Rent/SF/Yr:
$12.00 - $16.00
Parking:Free Surface spaces are available; Free Covered spaces are available; Ratio of .33/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office/Retail
 2nd
1,500 SF-10,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 3rd
1,500 SF-12,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 5th
1,500 SF-6,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
 
6768648
6768684
8361360
6768704


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office/Retail
2nd
1,500 SF-10,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
3rd
1,500 SF-12,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
5th
1,500 SF-6,000 SF
$12.00 - $16.00/SF/Yr
Vacant
3-5 yrs
Office
The rooftop has space for cellular/communication towers or antennas for lease and price is negotiable.

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

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.

Figure Eight Properties
Steven C Neiditz
(860) 313-5400 x161

  
Ten-X, LLC
Ten-X Commercial
(800) 793-6107

Loretta Okoye
(212) 228-0221


Figure Eight Properties
Steven C Neiditz
(860) 313-5400 x161



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