1450 Southford RdSouthbury, CT 06488

Property Details for 1450 Southford Rd

Year built

2009

Construction

FRAME

Lot size

1.65 AC

Property size (Sq ft)

3,456 SF

Zone code

B-1B

Property type

Office properties

Property subtype

Other office properties

APN

SBUR M:STHFDCO U:#UB1-CU

APU

SBURMSTHFDCOUUB1CU

Description

This exceptional Southbury, Connecticut property, located at 1450 Southford Road, offers a unique opportunity for businesses seeking prime office or retail space. The property consists of two buildings, each two stories high, totaling 11,523 square feet, built in 2006 and situated in New Haven County. Currently, there are two available units: a 1,460 square foot retail space on the lower level (Unit L4), and a 1,710 square foot office space on the upper level (Unit U5). The minimum divisible space is 1,460 square feet, providing flexibility for various business needs. The property's convenient location offers easy access to major highways, making it an ideal location for businesses seeking high visibility and convenient commuting for employees and clients. The property is categorized as both retail and office, allowing for diverse tenancy options. The spaces are available for lease on a triple net (NNN) basis at a rate of $18.00 per square foot. This property presents a compelling opportunity for businesses seeking a modern, well-located space in a thriving Connecticut community. The property's multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and dynamic environment. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $571,380

  6.5%

  $527,428

  7%

  $489,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $451,561

  Geo Method

  $451,561

• Alternative Use

  Use

  Valuation

  Residential

  $654,010

  Hospitality

  $599,070

  Educational

  $498,419

  Medical

  $515,561

  Retail

  $775,319

Location Insight

City

Southbury

County

New Haven

State

Connecticut

Latitude

41.4639

Longitude

-73.1624

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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