1450 Southford Rd
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1450 Southford Rd
11,523 SF 100% Leased 4-Star Retail Building Southbury, CT 06488 £1,495,155 (£130/SF) 10.08% Net Initial Yield
Investment Highlights
- This retail/office investment opportunity is found at a great Southbury location with high traffic on Rte 67
- The property's two primary tenants are high quality companies.
Executive Summary
Attention Investors…
Retail/Office Investment Opportunity
Great Southbury Location on High Traffic Rte 67
11,523 S/F of Office & Retail Condo Units
2 Primary Tenants are High Quality Companies
Excellent Demographics in a Highly Desirable Community
Offered at: $1,895,000.00
Retail/Office Investment Opportunity
Great Southbury Location on High Traffic Rte 67
11,523 S/F of Office & Retail Condo Units
2 Primary Tenants are High Quality Companies
Excellent Demographics in a Highly Desirable Community
Offered at: $1,895,000.00
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,523 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
Price
£1,495,155
Price Per SF
£130
Net Initial Yield
10.08%
NOI
£150,719
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.07
Land Acres
3.59 AC
Zoning
commercial
Parking
47 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
61 ft on Southford Rd
Amenities
- Dedicated Turn Lane
- Signalised Intersection
-
Power Broker Ed Godin -
Godin Property Brokers LLC
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1450 Southford Rd
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