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Property profile & analytics
FOR LEASE
Commercial real estate

466 Heritage Rd Southbury, CT 06488

7.18 ac lot
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0876023
Property summary
AI-generated overview

This exceptional 9,441 square foot medical office space is located in the prestigious Heritage Center, a mixed-use development in Southbury, Connecticut. Situated at 466 Heritage Road, this single-tenant space occupies the second floor of a three-story, 36,000 square foot building constructed in 2005. The building features an elevator and is conveniently located near Poverty Road. The space boasts a desirable layout, including 15 private offices, multiple large conference rooms, a sizable kitchenette and staff room, ample storage, and ensuite bathrooms. The flooring is a combination of partial tile and wall-to-wall carpeting, and the space is well-lit with numerous windows. Two separate entrances provide convenient access. This space is zoned for mixed use within New Haven County. The property is offered as a triple net lease, meaning the tenant is responsible for common area maintenance (CAM) fees, property taxes, and building insurance, in addition to monthly utilities. This is the last remaining space available in this building, presenting a unique opportunity for a business seeking a high-quality, well-appointed office environment in a prime Southbury location. The entire space can be leased as a single unit or potentially subdivided.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 7.18 ac (312,761 SF)
Zoning code PDD17
APN SBUR M:28 B:70 L:6B
UPID US15-0876023
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Oppenheimer & Co. Inc. Bank
  • Hudson's Cafe & Bistro Restaurant
  • Southbury Seafood Market Specialty Food Shop Fish Market
  • Hummus & Falafel Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Heritage Eagle LLC · 3 yrs held
Heritage Eagle LLC
since 2023
3 recorded transactions
2023
Price N/A
2005
Price N/A
2003
Price N/A
Zoning & alternative use
PDD17 · Southbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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