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75 Gln Rd Sandy Hook, MA 06482

Sponsored
For Sale
$6,700,000

83,394 SF Office Building, High Cap Rate

Property size:
83,394 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 83,394 square foot executive office building at 75 Glen Road, Sandy Hook, MA 06482, presents a rare investment opportunity. Boasting a strong 12.79% cap rate and a net operating income (NOI) of $856,707, this property offers significant potential for investors. The asking price is $6,700,000, translating to $80.34 per square foot. Situated on a 13.22-acre lot, the building features exposed brick and wood, offering stunning waterfall views. The property is zoned M-40 and includes amenities such as ample parking, elevator access, common bathrooms on each floor, shared kitchenettes, large windows, and high ceilings. Individual units feature large glass offices, in-unit bathrooms, and kitchenettes, allowing for flexibility in leasing arrangements, including the possibility of smaller spaces or co-working setups. The building benefits from gas and electric heating, central air conditioning, a well and septic system, and on-site maintenance management. Conveniently located approximately two miles from downtown Newtown and with easy access to I-84, this property is a staple in the Sandy Hook community and is ideal for both investors and owner-users. The property can be purchased individually or as part of a larger portfolio.

Property Features for 75 Gln Rd

General Information

Property type
Office Properties & Spaces
Square Feet
83,394 SF
Lot Size
575,863 SF

HighLights

  • M‑40 Zoning.
  • Gas and electric heating.
  • Central air conditioning.
  • Well and septic system.
  • Elevator access.
  • Approximately two miles from downtown Newtown.
Property Profile Location Intelligence

Current Use by Public Records

Eastern Account System ... Accountant Mediassociates Inc. Advertising Agency Ssc Technology Inc Financial Planner Shelley Cooper, LCSW Mental Health Service Arcadis, North America Engineering Consultant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Skin Care Clinic

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

Location Insight

City
Sandy Hook
County
Suffolk
State
Massachusetts

FAQs

What type of property is this?
Office Property / Space - 83,394 SF Office Building, High Cap Rate
Where is this office property / space located?
The property is located at 75 Gln Rd Sandy Hook, MA.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: M-40 Zoning.; Gas and electric heating.; Central air conditioning.
More about this property
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