45 Glastonbury BlvdGlastonbury, CT 06033
- Other commercial real estate
- 40,555 SF
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
- Other commercial real estate
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $9,856,281
- 6.5%
- $9,098,105
- 7%
- $8,448,241
-
Comparable approach
- Method
- Valuation
- Relative Method
- $13,353,269
- Geo Method
- $13,353,269
-
Alternative Use
- Use
- Valuation
- Residential
- $7,674,592
- Hospitality
- $7,029,885
- Educational
- $5,848,782
- Medical
- $6,049,930
- Retail
- $9,098,105
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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