1850 Silas Deane Hwy Rocky Hill, CT 06067

This exceptional investment opportunity presents a fully leased, two-story Class B office building condo at 1850 Silas Deane Highway in Rocky Hill, Connecticut. The 7,500 square foot building sits on a one-acre lot and boasts a prime location with excellent highway visibility and access from I-91, Exit 24, near a traffic light at the entrance to Kohl's. The property features monument signage and benefits from high daily traffic counts exceeding 20,000 vehicles. Currently housing four tenants with 100% occupancy, this stabilized investment offers a strong 8.00% cap rate and an approximate net operating income of $40,000. The building is comprised of four units, with available lease space of 1,600 and 1,900 square feet on the first floor, and 1,504 square feet on the second floor. Recent upgrades include HVAC improvements within the last three years and restroom renovations completed in 2012. The building was also renovated in 1998 and 2005. This is a rare opportunity to acquire a small, well-maintained investment property in an established retail and office corridor in Hartford County, with a gross lease structure and no tenant credit rating. The asking price is $595,000, translating to a price per square foot of $79.33. The property is zoned for commercial use.