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108 Mill Plain Road, Danbury, CT

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DetailMap
108 Mill Plain Road

Danbury, CT 06811-5146 - Danbury Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1982
Stories:3 Typical Floor:- Building Size:22,065 SF
% Leased:
For Sale Price:Condo (see detail) Price/SF:For Sale
Cap Rate:-
Smallest Space:450 SF Largest Space:4,230 SF Total Space Avail:11,511 SF Rent/SF/Yr:
$16.00 - $23.97
Condos:This property has 1 condo for sale. The size of the for sale condo is 5,481 SF. Parking:Free Surface spaces are available; 6 Covered spaces are available; Ratio of 3/1,000 SF Amenities:Banking, Courtyard, Dry Cleaner, On Site Management, Property Manager on Site, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 2nd
450 SF
$23.97/SF/Yr
Vacant
3-5 yrs
Office
 2nd
450 SF
$23.97/SF/Yr
Vacant
3-5 yrs
Office
 2nd
450 SF
$23.97/SF/Yr
Vacant
3-5 yrs
Office
 2nd
450 SF
$23.97/SF/Yr
Vacant
1-5 yrs
Office
 3rd
2,500 SF-4,230 SF
$16.00 - $20.00/SF/Yr
Vacant
3-5 yrs
Office
 
4100269
11278225
11278226
11278227
8345432
Floor Plan
  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
2nd
450 SF
$23.97/SF/Yr
Vacant
3-5 yrs
Office
2nd
450 SF
$23.97/SF/Yr
Vacant
3-5 yrs
Office
2nd
450 SF
$23.97/SF/Yr
Vacant
3-5 yrs
Office
2nd
450 SF
$23.97/SF/Yr
Vacant
1-5 yrs
Office
3rd
2,500 SF-4,230 SF
$16.00 - $20.00/SF/Yr
Vacant
3-5 yrs
Office
Condos For Sale:
Floor
Suite
Unit SF
Price
Space Use
  1st
1
5,481 SF
$2,737,168
Office
 
3156838
Marketing Flyer Marketing Flyer  


Floor
Suite
Unit SF
Price
Space Use
1st
1
5,481 SF
$2,737,168
Office
Prime location, right off Exit of I-84. Anchored by Wachovia Bank and in a secure location. T1-DSL available. Elevator in building. 74-car parking.

Sale Notes:
EXP Realty Advisors exclusively presents for sale a commercial condo leased to Wells Fargo Bank, which occupies 5,481 SF on the ground floor of a 22,065 SF multi-tenant office building. Wells Fargo currently has over $261,855,000 in deposits at this location, and the bank recently offered to purchase the building showing their commitment to the location. The premises have been used for a bank branch since it was built more than 25 years ago. Current lease expired in 2016 and was extended by 7 years with one five year option by amendment. Rent escalates 2% each year in the base term and options. The double drive-thru teller is attached and located under the 2nd floor of the building, which gives Wells Fargo a freestanding footprint. The building also has a brand new roof, new HVAC unit exclusive to Wells Fargo, and state of the art EMS (energy management system).
Danbury is a city in northern Fairfield County, Connecticut, approximately 70 miles from New York City. Danbury is the fourth most populous city in Fairfield County, and seventh among Connecticut cities. Fairfield County' s Gold Coast helped rank it sixth in the US in per-capita personal income by the Bureau of Economic Analysis in 2005, Connecticut is one of the most affluent states in the US. Fairfield County also has one of the largest concentration of hedge fund and multinational companies in the country. Danbury is home to Danbury Hospital, a 371-bed hospital; Western Connecticut State University, which has more than 34,000 students enrolled; Danbury Fair Mall, the second largest shopping mall in Connecticut as well as the fifth largest in New England; and Danbury Municipal Airport, a public use general aviation airport.


Crescent Road Partners
Victor Chaves
(203) 807-1000


EXP Realty Advisors
Daniel de Sa'
(212) 972-3947 x14

Robert P James
(212) 686-0072


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