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108 Mill Plain Road - 108 Mill Plain Rd.., Danbury, CT

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DetailMap
108 Mill Plain Road - 108 Mill Plain Rd..

Danbury, CT 06811-5146 - Danbury Submarket


Property Type:Office Sub Type:Telecom Hotel/Data Hosting Status:Existing , Renov February 2017 Year Built:1982
Stories:3 Typical Floor:7,355 SF Building Size:22,065 SF
% Leased:
For Sale Price:Condo (see detail) Price/SF:For Sale
Cap Rate:7.22 %
Smallest Space:450 SF Largest Space:4,200 SF Total Space Avail:11,031 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:24 Hour Availability, Air Conditioning, Banking, Bus Line, Security System, 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
1-5 yrs
Office
 3rd
4,200 SF
$16.00 - $20.00/SF/Yr
Vacant
3-5 yrs
Office
 
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
1-5 yrs
Office
3rd
4,200 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:
Wells Fargo Office Building for Sale (70% occupied with turn key vacant space and 100,000 mega bites per second fiber optic cable 108 Mill Plain Rd, Danbury, CT 06811
? Wells Fargo Bank, N.A. (S&P Rating: “A” Investment Grade) occupies the ground floor ? Wells Fargo represents 46% of the income and occupies 24% of the building with over 6 years remaining ? Five tenants occupy the 2nd and 3rd floors including Securitas, West Highland Support Services and KnowVera ? Over $261 million in deposits at this location, a 7.41% increase from previous year ?7 years of new lease term and 2% annual rental escalations on Wells Fargo ? Office rents increase annually and price is $151 PSF ? Average Household Income in 3 miles is $107,912 ? Fast-growing submarket | 7.87% growth in population between 2010 and 2016 projected in 3 miles


Crescent Road Partners
Victor Chaves
(203) 807-1000


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

Robert P James
(212) 686-0072


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