Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    755 Main St, Unit C6 Monroe, CT 06468

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $500 /Mo ($10 SF/Yr)

    Unfurnished office space with shared amenities, utilities included.

    Property size:
    600 SF
    Lot size:
    600 SF

    Property Features for 755 Main St

    General Information

    Standard status
    Active
    Size
    600 SF

    Building Details

    Year built
    1988

    We can help!

    Listing Contact
    Jeanette Politano
    Source: Corcoran

    Listing Agent: Jeanette Politano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Professional Office Space Available

    Unit C has a common waiting room and restroom, and includes Offices #4, #5, #6, #7 and #8. This listing is for office #6, an unfurnished office with a window, fully carpeted and neutrally painted. It includes access to the common, fully furnished waiting room. Unit C is located on the 2nd floor with a private entry directly to the units. The property is suitable for a therapist or other professional user, or a general office person looking to move their office out of their home and into a professional area. All utilities are included in the lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nicola Vaccaro, DC Chiropractor Jean Bassani, DC Chiropractor Frederick James R Attorney Chemtech Inc Engineering Consultant Lipsitz & McAllister, LLC Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.262327
    Latitude
    41.3423911

    Nearby Similar for Lease

    • $10 SF/Yr
      17,394 SF

      Versatile Commercial Space in Monroe

      Adaptable commercial building suitable for retail, office, or industrial uses.
      1545 Monroe Tpke, Monroe, CT 06468
      View Details
    • $1,000 /Mo
      650 SF

      Retail Space in Active Center

      Prime retail space available for lease in active Stepney center.
      446 Main St, Monroe, CT 06468
      View Details
    • $600 /Mo
      1,500 SF

      Turn Key Office Suites Available

      Move-in ready office suites with shared amenities and utilities included.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $850 /Mo
      1,500 SF

      Turn Key Office Suite

      Ready-to-use office suites with shared amenities in Monroe Center.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $850 /Mo
      1,500 SF

      Turn Key Office Suite

      Ready-to-use office suites with shared amenities in Monroe Center.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $850 /Mo
      1,500 SF

      Turn Key Office Suite

      Move-in ready office suites with shared amenities in Monroe Center.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $850 /Mo
      1,500 SF

      Turn Key Office Suite

      Window offices available in Monroe Center with utilities included.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $850 /Mo
      1,500 SF

      Turn Key Office Suite

      1500 SF office suite with shared amenities for rent.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $4,200 /Mo
      22,612 SF

      Monroe Turnpike Office Suite Available

      2,900 SF medical/professional office suite for lease.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $18 SF/Yr
      1,317 SF

      Retail Space in Elm Street Plaza

      End-cap retail unit in a busy plaza available for rent.
      292 Elm St, Monroe, CT 06468
      View Details
    • $2,500 /Mo
      23,522 SF

      Monroe Commercial Space For Lease

      Freestanding building on State Highway, suitable for retail or office.
      406 Main St, Monroe, CT 06468
      View Details
    • $500 /Mo
      600 SF

      Professional Office Space For Rent

      Unfurnished office space with utilities included, ideal for professionals.
      755 Main St, Monroe, CT 06468
      View Details

    FAQs

    What type of property is this?
    Office space - Unfurnished office space with shared amenities, utilities included.
    Where is this office space located?
    The property is located at 755 Main St, Unit C6 Monroe, CT.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - All utilities included in lease for $500/month.; - Private entry directly to the unit on the 2nd floor.; - Common, fully furnished waiting room included.
    (203) 452-3700
    Request Owner's contact information
    755 Main St, Unit C6 Monroe, CT 06468
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    755 Main St, Unit C6
    Monroe, CT 06468
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    755 Main St, Unit C6 Monroe, CT 06468
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeanette Politano
    (203) 452-3700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.