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180-200 Glastonbury Blvd Glastonbury, CT 06033

For Sale
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95% occupied office building with diverse tenant roster.

Property size:
185,000 SF
Lot size:
11.95 Acres

Property Features for 180-200 Glastonbury Blvd

General Information

Size
185,000 SF
Lot size
11.95 Acres

Source: CBRE | Hartford Agent John McCormick

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


Overview

Glastonbury Boulevard Office Building

This 185,000 square foot office building is 95% occupied, generating an in-place net operating income of $2.7 million. The property features a diverse tenant roster of 36 local, regional, and national tenants, with 50% having renewed their leases multiple times. Five anchor tenants have a weighted average lease term (WALT) of 5.13 years, representing 26% of the current occupancy. The building has demonstrated exceptional performance throughout COVID, with 8 new leases and renewals completed, totaling 38,000 rentable square feet. The buildings consistently outperform the submarket in both leasing activity and effective rental rates, commanding a $2.50 per square foot premium over other Somerset Square office properties. The location is walkable and amenity-rich, adjacent to The Shops at Somerset Square, offering grab-and-go food options, upscale dining, national retailers, and wellness and fitness centers. The property benefits from a superior location and optimal accessibility via Connecticut Route 3, with immediate access to I-91, I-84, and Route 2.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office 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
Glastonbury
County
Hartford
State
Connecticut
Longitude
-72.623433
Latitude
41.720971

FAQs

What type of property is this?
Office building - 95% occupied office building with diverse tenant roster.
Where is this office building located?
The property is located at 180-200 Glastonbury Blvd Glastonbury, CT.
What are key features of this property?
This property features: - In-Place NOI of $2.7M with 95% occupancy.; - **Walkable, amenity-rich location** adjacent to The Shops at Somerset Square.; - Diverse tenant roster with 50% having renewed multiple times.
More about this property
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