215 Elm St Old Saybrook, CT 06475
This exceptional opportunity presents brand new medical and professional office space within Atlas Commons, a state-of-the-art two-building office park situated at 215 Elm Street in Old Saybrook, Connecticut. The property, completed in 2021, offers a total of 26,087 square feet of modern office space, with suites ranging from a minimum of 2,000 square feet to a maximum contiguous space of 10,606 square feet. Multiple tenancy options are available, catering to a variety of business needs. The property sits on a generous 4.7 acres of land and boasts a convenient location directly off I-95 at Exit 67, providing easy access for both employees and clients. The development is already home to established tenants, Hartford Healthcare and Connecticut GI, solidifying its position as a premier medical destination. The location offers proximity to a wealth of amenities, including shopping and dining options, enhancing the overall appeal for businesses and employees alike. Attractive tenant improvement allowances are available. The lease rate is $24.50 per square foot, NNN.
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Connecticut GI Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Old Saybrook, CTCosts & 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.