Three-Story Corporate Office
For Sale
Contact for pricing
434 Tolland Turnpike, Manchester, CT 06042
Corporate headquarters with a long-term lease, steel-frame construction, and composite concrete construction.
Property SizeContact for details
Lot Size9.17 Acres
Days on Market144
Property Features for 434 Tolland Turnpike
General Information
Standard status
Active
Class
Class A
Lot size
9.17 Acres
Property subtype
Office
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
2017
Buildings
1
Stories
3
Construction
structural steel frame with composite concrete
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 1:02AM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
The fee-simple interest includes a three-story corporate office headquarters completed in 2017 with a structural steel frame and composite concrete construction. The building is 100% leased to Bob's Discount Furniture under a corporately guaranteed lease extending to 2037. The property occupies 9.17 acres in Manchester, Connecticut, within the Hartford MSA, and is positioned near Interstate 84, which carries more than 126,000 vehicles per day.
Lease economics include 10% rental increases every five years and five remaining five-year renewal options. The tenant exercised its first five-year option early in 2020, extending the lease term. The offering combines an established corporate occupancy profile with a modern office building and a substantial land area.
Lease economics include 10% rental increases every five years and five remaining five-year renewal options. The tenant exercised its first five-year option early in 2020, extending the lease term. The offering combines an established corporate occupancy profile with a modern office building and a substantial land area.
Key Highlights
- Three‑story corporate office headquarters completed in 2017
- 100% leased to Bob's Discount Furniture through 2037
- Corporately guaranteed lease with 10% rental increases every five years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 06042, CT
24,044
Population
10,915
Households
2.2
Avg Household Size
37
Median Age
45%
College-Educated
95%
High-School Grad
10.5 sq mi
ZIP Area
2,290
Density / Sq Mi
$89,132
Median Household Income
$57,794
Median Earnings
$1,724
Median Rent
$219,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Corporate headquarters with a long-term lease, steel-frame construction, and composite concrete construction.
Where is this office building located?
The property is located at 434 Tolland Turnpike Manchester, CT.
What are key features of this property?
This property features: Three‑story corporate office headquarters completed in 2017; 100% leased to Bob's Discount Furniture through 2037; Corporately guaranteed lease with 10% rental increases every five years
