21 Oak StHartford, CT 06106

Property Details for 21 Oak St

Year built

1990

Construction

STEEL FRAME

Lot size

0.98 AC

Property size (Sq ft)

222,454 SF

Zone code

MX-2

Property type

Office buildings

APN

HTFD M:225 B:435 L:106

APU

HTFDM225B435L106

Description

Capitol Place, located at 21 Oak Street in Hartford, Connecticut, 06106, offers prime Class A executive office space for lease. This prestigious building boasts multiple tenancy options, with a minimum leasable area of 1,000 square feet and a maximum contiguous space of 8,423 square feet. Currently, 15,522 square feet of office space is available for immediate occupancy. The building's central location within Hartford's Central Business District provides unparalleled convenience, placing it within walking distance of the Legislative Office Building, area courts, and the State Capitol. Its strategic position also ensures excellent access to major transportation arteries, including Interstates 84 and 91, and Connecticut Route 2. The building is ideal for businesses seeking a sophisticated and well-connected address in the heart of Connecticut's capital city. Three distinct spaces are currently available, ranging in size to accommodate various business needs. This presents a unique opportunity to secure high-quality office space in a highly desirable location. Inquire today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $36,778,292

  6.5%

  $33,949,192

  7%

  $31,524,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,065,840

  Geo Method

  $29,065,840

• Alternative Use

  Use

  Valuation

  Residential

  $42,096,996

  Hospitality

  $38,560,624

  Educational

  $32,081,986

  Medical

  $33,185,334

  Retail

  $49,905,312

Location Insight

City

Hartford

County

Hartford

State

Connecticut

Latitude

41.7622

Longitude

-72.6846

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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