Corner Office
New
For Lease
$3,485/Mo
5 Elm St, New Canaan, CT 06040
Office unit with natural light and landlord-paid real estate taxes and insurance.
Space Size1,054 SF
Days on Market5
Property Features for 5 Elm St
General Information
Standard status
Active
Size
1,054 SF
Net Rentable
1,054 SF
Property subtype
Commercial
Space & Availability
Available Space
1,054 SF
Contiguous Space
1,054 SF
Floor
2
Space Use
Office
Additional Details
Utilities to Site
Yes
Building Details
Building Size
1,054 SF
Year Built
1987
Stories
2
Listing Agency:
Houlihan Lawrence
(203) 801-5322
Listed By:
Hugh Halsell
(203) 801-5322
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 12 at 9:20AM
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 Houlihan Lawrence
Investment Insights
Based on property information with market context.
This office unit occupies a corner position at Elm/Main and measures 1,054 square feet, including a prorated share of common area. The space receives abundant natural light and is located in a building constructed in 1987.
The tenant is responsible for 45.7% of the second-floor electric bill, with monthly reimbursement invoices provided by the landlord. Real estate taxes and insurance are paid by the landlord. The property has a Walk Score of 23 and a Bike Score of 32.
The tenant is responsible for 45.7% of the second-floor electric bill, with monthly reimbursement invoices provided by the landlord. Real estate taxes and insurance are paid by the landlord. The property has a Walk Score of 23 and a Bike Score of 32.
Key Highlights
- 1,054 SF office unit including a prorated share of common area
- Corner position at Elm/Main with abundant natural light
- Tenant reimburses 45.7% of the second‑floor electric bill
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,542
Businesses Nearby
Explore this area
Business Placement
Demographics for 06040, CT
35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
Median Home Value
Market
Lease Benchmarks for New Canaan, CT
$38.28 /SF/Yr
Avg Asking Price
$3.73–$50 /SF/Yr
Price Range
3,475 SF
Avg Space Size
This space is priced 4% above the average of $38.28 /SF/Yr.
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 - Office unit with natural light and landlord-paid real estate taxes and insurance.
Where is this office units located?
The property is located at 5 Elm St New Canaan, CT.
What is the lease rate?
The lease rate is $3,485/Mo.
What are key features of this property?
This property features: 1,054 SF office unit including a prorated share of common area; Corner position at Elm/Main with abundant natural light; Tenant reimburses 45.7% of the second‑floor electric bill
