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Property profile & analytics
FOR LEASE
Showrooms

100 Tolland Tpke Manchester, CT 06042

13,300 SF 2.18 ac lot Built 2006
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0067446
Property summary
AI-generated overview

This Class A, two-story office building, totaling 10,908 square feet, offers exceptional office space in a highly visible location on Route 83 in Manchester, Connecticut. Boasting an average daily traffic count exceeding 24,000 vehicles, the property enjoys a strategic position directly across from Kohl's and within the bustling Buckland Hills Mall area. The building features one elevator and comprises five individual suites, with a total of 5,347 square feet currently available. This space is ideal for a variety of office uses, including medical, executive, and traditional office settings. The minimum divisible space is 1,200 square feet, while the maximum contiguous space available is 5,347 square feet, offering flexibility for businesses of various sizes. The building's prime location and ample available space present a unique opportunity for businesses seeking a high-profile presence in a thriving commercial area. The property is categorized as Retail and Office, with the available space situated on the second floor. This presents an excellent opportunity for businesses seeking a prominent and easily accessible location in a high-traffic area. The building's Class A designation reflects its high-quality construction and modern amenities.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,300 SF
Lot 2.18 ac (94,961 SF)
APN MANC M:087 B:5490 L:100
UPID US15-0067446
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
  • Manchester coin wash llc (Bike/Boat/Book/etc) Store
  • Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
  • W-3 Group Insurance Agency
  • Wolff Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$938k
Blend (final) Blend
$890k
Owner & transaction history
Galaxy Investments LLC · 20 yrs held
Galaxy Investments LLC
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.5M +22.8%
Auto repair, garage $1.3M +11.7%
Apartment house (5+ units) $1.3M +5.4%
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