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100 S Shore Dr

48,171 SF 79% Leased Office Building East Haven, CT 06512 £3,578,814 (£74/SF) 11.27% Net Initial Yield

EXECUTIVE SUMMARY

The only Class A office building on a 3.74 acre campus conveniently located to airport, highways, Yale & downtown New Haven that you will find along the Connecticut Shoreline. This 2 story, 48,000 sqft building, with it's beautiful glass & granite foyer, has all the modern amenities you would expect in Class A space. Strong long term tenants in place & pro forma CAP rate at over 10%. Perhaps you are tired of renting and looking to relocate your business, then YOUR search is over. The building is 90% occupied leaving 4700 sqft of available first floor space ready to accommodate your company.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
48,171 SF
Building Class
B
Year Built
1987
Price
£3,578,814
Price Per SF
£74
Net Initial Yield
11.27%
NOI
£403,398
Percent Leased
79%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
24,085 SF
Building FAR
0.30
Lot Size
3.74 AC
Zoning
PDD - Planned Development District
Parking
140 Spaces (3.27 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Atrium
  • Courtyard
  • Central Heating
  • Natural Light
  • Partitioned Offices
  • Plug & Play
  • Outdoor Seating
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 4,700-10,000 SF
  • Office
  • -
  • Now

Up to 10,000 sqft of first floor office space available just minutes from Tweed Airport, Yale New Haven and interstate I95 & I91. Your clients & employees will welcome the soring glass atrium, polished stone floors and tons of parking. Floor plan options and flexibility as the current space is configured with 20 perimeter offices all with windows, large open bull pen space, reception area, conference room, storage & employee break area. Private rear entrance. Attractive and useful covered outdoor employee area that is shared with rest of building.

Space Size Space Use Condition Available
1st Floor 4,700-10,000 SF Office - Now

1st Floor

Size
4,700-10,000 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 4,700-10,000 SF
Space Use Office
Condition -
Available Now

Up to 10,000 sqft of first floor office space available just minutes from Tweed Airport, Yale New Haven and interstate I95 & I91. Your clients & employees will welcome the soring glass atrium, polished stone floors and tons of parking. Floor plan options and flexibility as the current space is configured with 20 perimeter offices all with windows, large open bull pen space, reception area, conference room, storage & employee break area. Private rear entrance. Attractive and useful covered outdoor employee area that is shared with rest of building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
EHAV-000060-000412-000002
Land Assessment
£178,869
Improvements Assessment
£714,474
Total Assessment
£893,343
  • Listing ID: 31876860

  • Date on Market: 21/05/2024

  • Last Updated:

  • Address: 100 S Shore Dr, East Haven, CT 06512

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