200 Executive BlvdSouthington, CT 06489

Property Details for 200 Executive Blvd

Year built

1984

Lot size

9.99 AC

Property size (Sq ft)

150,972 SF

Zone code

I-1

Property type

Office buildings

APN

SOUT M:131 L:005

APU

SOUTM131L005

Description

This exceptional Class A office building, located at 200 Executive Boulevard North in Southington, Connecticut (zip code 06489), offers immediate occupancy for two remaining suites. The property, a single four-story building totaling 150,000 square feet, underwent a complete renovation in 2015. Currently, 9,750 square feet of space is available, divisible into units ranging from a minimum of 2,050 square feet to a maximum contiguous space of 7,700 square feet. The building features high ceilings (8'11" to 13'), ample parking (600 spaces, exceeding 4 spaces per 1,000 square feet), and four convenient loading docks. The property sits on a 9.99-acre lot and benefits from excellent visibility and accessibility, with convenient access to I-84 via Exit 31. The building's robust power supply (10,000 amps, 277/480 volt, 3-phase) ensures reliable operation. Built in 1984, this property is zoned I-1 and presents a rare opportunity for businesses seeking modern, well-maintained office space in a desirable location. The available space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $24,960,182

  6.5%

  $23,040,168

  7%

  $21,394,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,726,002

  Geo Method

  $19,726,002

• Alternative Use

  Use

  Valuation

  Residential

  $28,569,808

  Hospitality

  $26,169,790

  Educational

  $21,772,958

  Medical

  $22,521,764

  Retail

  $33,869,044

Location Insight

City

Southington

County

Hartford

State

Connecticut

Latitude

41.6157

Longitude

-72.9012

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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