100 S Shore Dr
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100 S Shore Dr
48,171 SF 100% Leased Office Building East Haven, CT 06512 $4,500,000 ($93/SF) 11.27% Cap Rate
Executive Summary
The only Class A office building on a 3.74 acre campus conveniently located to airport, highways, Yale & downtown New Haven that you will find along the Connecticut Shoreline. This 2 story, 48,000 sqft building, with it's beautiful glass & granite foyer, has all the modern amenities you would expect in Class A space. Strong long term tenants in place & pro forma CAP rate at over 10%. Perhaps you are tired of renting and looking to relocate your business, then YOUR search is over. The building is 90% occupied leaving 4700 sqft of available first floor space ready to accommodate your company.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
48,171 SF
Building Class
B
Year Built
1987
Price
$4,500,000
Price Per SF
$93
Cap Rate
11.27%
NOI
$507,232
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
24,085 SF
Building FAR
0.30
Lot Size
3.74 AC
Zoning
PDD - Planned Development District
Parking
140 Spaces (3.27 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Courtyard
- Central Heating
- Natural Light
- Partitioned Offices
- Plug & Play
- Outdoor Seating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | EHAV-000060-000412-000002 | Improvements Assessment | $898,380 |
| Land Assessment | $224,910 | Total Assessment | $1,123,290 |
PROPERTY TAXES
Parcel Number
EHAV-000060-000412-000002
Land Assessment
$224,910
Improvements Assessment
$898,380
Total Assessment
$1,123,290
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100 S Shore Dr
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