38 Pln Rd Centerbrook Ct Essex, CT 06409
This meticulously maintained, 4,502 square foot office space at 38 Plains Road in Essex, Middlesex County, presents a fantastic opportunity. Built in 2004, this single-tenant building was originally designed and occupied by the owner. The property boasts a highly desirable location, offering excellent visibility and signage on Plains Road, with convenient access to Routes 9 and 95. The interior features a flexible layout combining an open floor plan with perimeter private offices, catering to a variety of business needs. Ample parking is available for employees and clients. The building is currently partially owner-occupied, and the available space is offered on a gross lease basis. A five-year lease is available at a competitive rental rate of $19.25 per square foot. This property is ideal for a business seeking a well-maintained, conveniently located office space with strong visibility and ample parking in a thriving Essex location. The building's modern construction and flexible layout provide a comfortable and efficient workspace. The strategic location near major roadways ensures easy access for employees and clients alike. Don't miss this chance to secure a prime office space in a highly sought-after area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.