390 Middlebury Road #3 Middlebury, CT 06762
Well-located office suite with four private offices in Middlebury, CT.
Property Features for 390 Middlebury Road #3
General Information
- Standard status
- Active
- Size
- 850 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1978
Listing office Great Estates, CT (203) 200-7030
Listing date Mar 30, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of Great Estates, CT
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent location in the heart of Middlebury, near retail and dining.
- Easy access to I‑84 and Route 8.
- Four private offices suitable for various professional services.
Local Financial Insights For Office B
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 | $17.9k | $21.00 |
| − Vacancy | −$3.2k | −$3.78 |
| EGI | $14.6k | $17.22 |
| − OpEx | −$3.7k | −$4.31 |
| NOI | $11.0k | $12.92 |
