Corner Office
For Sale
$649,900
115 Technology Drive #A205, Trumbull, CT 06611
Commercial zoning and a flexible layout support medical, dental, and other professional office configurations.
Property Size1,995 SF
Price / SF$325.76
Days on Market324
Property Features for 115 Technology Drive #A205
General Information
Standard status
Active
Size
1,995 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$8,033
Amenities
central air conditioning
Building Details
Building Size
1,995 SF
Year Built
2005
Listing Agency:
William Raveis Real Estate
(203) 455-1223
Listed By:
Brian Christy
(203) 455-1223
Source:
Westshorerealty
Added: Sep 15, 2025
Changed: Aug 3
Last Checked: Aug 4 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate
Investment Insights
Based on property information with market context.
This 1,995 SF office condominium at Trumbull Professional Center combines an adaptable work area with dedicated private spaces. The layout includes a waiting room, reception area with granite counters and cabinetry, private office with built-in cabinetry, file area, exam room with sink and cabinetry, open lab, and compact kitchen with refrigerator and wall-mounted cabinets. A plumbing line beneath the flooring supports medical or dental configurations, while the space can also accommodate other professional office uses. The unit has a private lavatory, central air conditioning, LED lighting, solid wood doors, sprinkler protection, and sound-system wiring. Built in 2005, the property is zoned Commercial and is located at 115 Technology Drive #A205 in Trumbull, Connecticut. Route 25 Expressway and Route 111 are both minutes away. The condominium is offered for sale and is also available for lease.
Key Highlights
- 1,995 SF corner office condominium at Trumbull Professional Center
- Plumbing line beneath flooring supports medical or dental configurations
- Private exam room with sink and cabinetry
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.9k | $27.00 |
| − Vacancy | −$4.0k | −$2.03 |
| EGI | $49.8k | $24.98 |
| − OpEx | −$19.9k | −$9.99 |
| NOI | $29.9k | $14.99 |
1,995 SF · lease $27.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$427.1K
$373.7K – $498.3K
NOI $29,895 @ 7.0% cap · market cap 4.60%
Second Best
Office B
$394.3K
$345.0K – $460.0K
NOI $27,600 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$569.4K
$498.2K – $664.3K
NOI $39,859 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
Explore this area
Business Placement
Demographics for 06611, CT
36,835
Population
12,468
Households
3
Avg Household Size
43
Median Age
60%
College-Educated
95%
High-School Grad
23.3 sq mi
ZIP Area
1,581
Density / Sq Mi
$163,227
Median Household Income
$75,795
Median Earnings
$2,292
Median Rent
$495,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial zoning and a flexible layout support medical, dental, and other professional office configurations.
Where is this office units located?
The property is located at 115 Technology Drive #A205 Trumbull, CT.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 1,995 SF corner office condominium at Trumbull Professional Center; Plumbing line beneath flooring supports medical or dental configurations; Private exam room with sink and cabinetry
