35 Nutmeg DrTrumbull, CT 06611
- Office properties
- 166,760 SF
Property Details for 35 Nutmeg Dr
- Year built
- 1970
- Construction
- STEEL FRAME
- Lot size
- 19.40 AC
- Property size (Sq ft)
- 166,760 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- TRUM M:K-09 L:00016 U:001
- APU
- TRUMMK09L00016U001
Description
This exceptional 4,684 square foot office space is available for sublease at 35 Nutmeg Drive in Trumbull, Connecticut, within the desirable Trumbull Office Park. The single-tenant space offers a functional and efficient layout, perfectly suited for a variety of businesses. Currently configured with five private offices, a dedicated conference room, a comfortable break room, and a welcoming reception area, this space provides ample room for both individual work and collaborative efforts. The property is located in Fairfield County, Connecticut, with the precise address being 35 Nutmeg Drive, Trumbull, CT 06611. The sublease term extends through May 31, 2029. A significant incentive is currently being offered: a reduced base rent of $7.50 per square foot for the first year, in addition to building expenses. This represents a compelling opportunity to secure high-quality office space in a prime location at a highly competitive rate. The building itself is well-maintained and situated within a thriving office park environment. This is an ideal space for a company seeking a move-in ready solution with a strong value proposition. The property is easily accessible and offers convenient amenities. Don't miss this chance to establish your business in this attractive and functional office space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $27,570,410
- 6.5%
- $25,449,608
- 7%
- $23,631,780
-
Comparable approach
- Method
- Valuation
- Relative Method
- $21,788,862
- Geo Method
- $21,788,862
-
Alternative Use
- Use
- Valuation
- Residential
- $31,557,514
- Hospitality
- $28,906,514
- Educational
- $24,049,880
- Medical
- $24,876,992
- Retail
- $37,410,924
Location Insight
- City
- Trumbull
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.2398
- Longitude
- -73.1489
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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