215 Elm StOld Saybrook, CT 06475

  • Land
  • 17.00 AC
For Lease
$24.50/SF/YR View listing

Property Details for 215 Elm St

Lot size
17.00 AC
Zone code
I1
Property type
Land
Property subtype
Other industrial land
APN
OSAY M:038 B:002 L:
APU
OSAYM038B002L

Description

This exceptional opportunity presents brand new medical and professional office space within Atlas Commons, a state-of-the-art two-building office park situated at 215 Elm Street in Old Saybrook, Connecticut. The property, completed in 2021, offers a total of 26,087 square feet of modern office space, with suites ranging from a minimum of 2,000 square feet to a maximum contiguous space of 10,606 square feet. Multiple tenancy options are available, catering to a variety of business needs. The property sits on a generous 4.7 acres of land and boasts a convenient location directly off I-95 at Exit 67, providing easy access for both employees and clients. The development is already home to established tenants, Hartford Healthcare and Connecticut GI, solidifying its position as a premier medical destination. The location offers proximity to a wealth of amenities, including shopping and dining options, enhancing the overall appeal for businesses and employees alike. Attractive tenant improvement allowances are available. The lease rate is $24.50 per square foot, NNN.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $140,135,344
    Hospitality
    $128,363,224
    Educational
    $106,796,696
    Medical
    $110,469,600
    Retail
    $166,128,192
215 Elm St, Old Saybrook, Connecticut

Location Insight

City
Old Saybrook
County
Middlesex
State
Connecticut
Latitude
41.2994
Longitude
-72.3888
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
$5,534
$270,600
-
$270,600
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].