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1450 Southford Rd Southbury, CT 06488

Sponsored
For Sale
$1,895,000

High-yield office investment, prime location.

Property size:
11,523 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a stabilized, two-building executive office complex situated on a 3.59-acre lot at 1450 Southford Rd, Southbury, CT 06488. Built in 2006, the property boasts 11,523 square feet of space, currently 85% occupied across six units. The asking price is $1,895,000, translating to a price per square foot of $164.45. The property enjoys a strong net operating income (NOI) of $191,025, yielding an attractive 10.08% capitalization rate. The two-story buildings are zoned for commercial use and benefit from a high-traffic location on Route 67, within a highly desirable community with excellent demographics. Two primary tenants are high-quality companies, ensuring a stable income stream. This is an ideal investment for those seeking a strong return in a prime Southbury location. The property offers a blend of office and retail condo units, providing diversification within the investment. This is a rare opportunity to acquire a well-maintained, high-performing asset in a thriving market. The property's location and strong tenant base make it a compelling investment prospect.

Property Features for 1450 Southford Rd

General Information

Property type
Office Properties & Spaces
Square Feet
11,523 SF
Lot Size
156,380 SF

Building Details

Year Built
2006
Buildings
2
Stories
2
Units
6

HighLights

  • Exceptional investment opportunity: stabilized, two‑building executive office complex on 3.59 acres in Southbury, CT.
  • 11,523 SF, 85% occupied, six units.
  • Asking price: $1,895,000 ($164.45/SF).
  • Strong NOI of $191,025, 10.08% cap rate.
  • High‑traffic Route 67 location, desirable demographics.
  • Two high‑quality primary tenants provide stable income.
Property Profile Location Intelligence

Current Use by Public Records

Bearingstar Insurance Insurance Agency Dunkin' Coffee Shop Kiran Mart LLC Convenience Store

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office 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
Southbury
County
New Haven
State
Connecticut
Longitude
-73.1628034
Latitude
41.4640414

FAQs

What type of property is this?
Office Property / Space - High-yield office investment, prime location.
Where is this office property / space located?
The property is located at 1450 Southford Rd Southbury, CT.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Exceptional investment opportunity: stabilized, two-building executive office complex on 3.59 acres in Southbury, CT.; 11,523 SF, 85% occupied, six units.; Asking price: $1,895,000 ($164.45/SF).
More about this property
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