101 Phoenix AveEnfield, CT 06082

  • Other commercial real estate
  • 16,400 SF
For Lease
$12/SF/YR View listing

Property Details for 101 Phoenix Ave

Year built
1991
Construction
STEEL FRAME
Lot size
1.21 AC
Property size (Sq ft)
16,400 SF
Zone code
I-1
Property type
Other commercial real estate
Property subtype
Showrooms
APN
ENFI M:046 L:0020
APU
ENFIM046L0020

Description

This exceptional executive office space, located at 101 Phoenix Avenue in Enfield, Connecticut, offers 8,450 square feet of readily available space on the entire second floor of a high-quality two-story building. The building totals 16,000 square feet and boasts abundant natural light throughout the available space. This single-tenant opportunity is perfect for a business seeking a prominent location with excellent accessibility. The lease rate is $12.00 per square foot, NNN. The property benefits from a convenient location just minutes from Interstate 91, Exit 47, providing easy access to Hartford, Springfield, and Bradley International Airport. The surrounding area offers a variety of amenities, including nearby restaurants, shopping centers, and banking institutions. The building also features approximately 110 shared spaces and allows for potential building signage, enhancing visibility and brand recognition. This is an ideal opportunity for a company seeking a well-maintained, easily accessible, and conveniently located office space in a thriving area of Hartford County. The space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,985,772
    6.5%
    $3,679,174
    7%
    $3,416,376
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,399,916
    Geo Method
    $5,399,916
  • Alternative Use

    Use
    Valuation
    Residential
    $3,103,522
    Hospitality
    $2,842,809
    Educational
    $2,365,184
    Medical
    $2,446,526
    Retail
    $3,679,174
101 Phoenix Ave, Enfield, Connecticut

Location Insight

City
Enfield
County
Hartford
State
Connecticut
Latitude
41.9755
Longitude
-72.581
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,730
$152,700
$667,700
$820,400
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-
-
-

FAQs

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