45 Glastonbury BlvdGlastonbury, CT 06033

Property Details for 45 Glastonbury Blvd

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.51 AC

Property size (Sq ft)

40,555 SF

Zone code

PAD

Property type

Showrooms

APN

GLAS M:C4 B:2505 L:N0001B

APU

GLASMC4B2505LN0001B

Description

45 Glastonbury Boulevard offers 20,612 square feet of immediately available Class A office space in a prime Glastonbury, CT location (06033). This multi-tenant building totals 41,224 square feet and features efficient floor plans with a minimum divisible space of 7,500 square feet and a maximum contiguous space of 20,612 square feet. The building boasts high-quality construction, fiber-optic connections, state-of-the-art security, and ample parking. Situated within the master-planned Somerset Square mixed-use complex, the property benefits from nearby national retailers, hotels, restaurants, and other high-quality office spaces. Its central location provides convenient access to public transportation (bus line) and major highways, including I-91, I-84, and Route 2 via the Route 3 connector. Commuting is easy, with downtown Hartford just 10 minutes away, New Haven 30 minutes away, and both New York and Boston approximately two hours away. This desirable location within a sought-after lifestyle center makes 45 Glastonbury Boulevard an ideal corporate office location in central Connecticut, perfect for hybrid work models. The building consists of four total suites.

• CAP approach

  CAP return

  Valuation

  6%

  $7,671,710

  6.5%

  $7,081,580

  7%

  $6,575,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,510,870

  Geo Method

  $5,510,870

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $13,809,800

  Mixed-Use / Specialty

  $7,056,330

  Hospitality / Lodging

  $5,177,010

  Office

  $7,014,410

  Institutional / Educational

  $7,335,740

  Residential Income

  $8,582,820

  Multifamily

  $10,293,800

  Automotive / Energy

  $6,287,780

  Parking / Income-Based Land

  $2,169,840

  Restaurant / Food Service

  $3,670,050

  Healthcare / Senior Housing

  $7,236,140

Location Insight

City

Glastonbury

County

Hartford

State

Connecticut

Latitude

41.7227

Longitude

-72.6166

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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