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Property profile & analytics
OFF-MARKET Estimated value $47,485,000
Showrooms

1 Griffin N Rd Windsor, CT 06095-1512

457,396 SF 72.99 ac lot Built 2007
Individually Owned 8-yr Hold Free & Clear
Property ID
US15-0628710
Property summary
AI-generated overview

This exceptional Class A office complex, totaling 445,682 square feet, presents a compelling value-add investment opportunity. Located in Windsor, CT, on a 72.99-acre lot, this 4-story building boasts a prime location just 10 miles north of downtown Hartford and 3.5 miles from I-91, offering easy access to a large, highly educated workforce. Constructed in 2008, the property features unparalleled amenities including a full-service cafeteria, state-of-the-art fitness center, health center, and extensive conference facilities. Currently 20% occupied by two credit-rated tenants (Waste Management and Aflac), the remaining 354,360 square feet of vacant space offers significant upside potential. The building is divisible into smaller suites or can be leased as a contiguous block of 246,953 square feet. The majority of the vacant space is fully furnished. The property includes 2,262 parking spaces and is zoned I - Industrial. This asset offers owner-users or investors the chance to acquire an institutional-quality property at a price significantly below replacement cost, in a thriving commercial hub near Bradley International Airport and major employers such as Amazon, GE Alstom, and Pratt & Whitney. Rent bumps are available, and the lease type is gross. This is a multi-tenant property with a strong potential for increased occupancy and rental income.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2007
Construction STEEL FRAME
Total area 457,396 SF
Lot 72.99 ac (3,179,444 SF)
APN WSOR M:00006 B:00142 L:000005
UPID US15-0628710
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Hartford insurance company Employment Agency
  • Aflac Insurance Agency
  • Waste Management Waste Management Facility Hazardous Waste Disposal
  • The Hartford Financial Advisor Insurance Agency
  • Windsor Office Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$51.00M
Blend (final) Blend
$47.49M
Owner & transaction history
Hartford Finl Svcs · 8 yrs held
Hartford Finl Svcs
since 2018
2 recorded transactions
2018
Price N/A
2007
$3.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $78.2M +117.3%
Retail stores $52.6M +46.3%
Office building $50.4M +40.1%
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