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    39 Locust Ave New Canaan, CT 06840

    Sponsored
    For Lease
    $35 SF/Yr

    1,150 SF Executive Suite, Walk to Train

    Lot size:
    12,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,150-square-foot executive office suite is located at 39 Locust Avenue in New Canaan, Connecticut, within a larger three-story building totaling 12,600 square feet. The property offers a single-tenant occupancy, ideal for a business seeking a prestigious and convenient location. The suite is part of a building featuring ample on-site parking, with a ratio of three spaces per 1,000 square feet, plus additional visitor parking. Enjoy the convenience of a walkable distance to both the train station and local restaurants, streamlining commutes and offering convenient lunch options. Building amenities include nightly janitorial service, ensuring a clean and well-maintained workspace. The property is situated in Fairfield County, Connecticut, with the precise address being 39 Locust Ave, New Canaan, CT 06840. This executive office space presents a unique opportunity for businesses seeking a high-quality, well-located, and amenity-rich environment in a desirable Connecticut town. The building's strategic location and included services make this an attractive option for businesses prioritizing convenience and efficiency. The available space is ready for immediate occupancy.

    Property Features for 39 Locust Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,600 SF
    Total Rate
    36750

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Suite 202
    Size
    1,150 SF
    Rate per SF
    $35

    HighLights

    • 1,150 SF executive suite in a 12,600 SF building at 39 Locust Ave, New Canaan, CT 06840.
    • Single‑tenant occupancy with ample on‑site parking (3 spaces/1,000 SF) and visitor parking.
    • Walkable to train station and restaurants.
    • Nightly janitorial service.
    • Landlord will renovate to tenant's specifications on a turnkey basis; increases in real estate taxes and building expenses are passed through to the tenant pro rata.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Canaan Police ... Department Of Public Safety Cowser Group Employment Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Canaan
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.491695
    Latitude
    41.1489139

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    FAQs

    What type of property is this?
    Office Property / Space - 1,150 SF Executive Suite, Walk to Train
    Where is this office property / space located?
    The property is located at 39 Locust Ave New Canaan, CT.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 1,150 SF executive suite in a 12,600 SF building at 39 Locust Ave, New Canaan, CT 06840.; Single-tenant occupancy with ample on-site parking (3 spaces/1,000 SF) and visitor parking.; Walkable to train station and restaurants.
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    39 Locust Ave New Canaan, CT 06840
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    New Canaan, CT 06840
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39 Locust Ave New Canaan, CT 06840
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