155 Oak St

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155 Oak St

Glastonbury, CT 06033
Asking Price
$975K
Asset Type
Creative Office Office
Class
Class B

What's Special

Office | 6,985 SqFt <p><strong>THE ASSET:</strong> 155-157 Oak Street is improved by a two-story office building with that consists of 5,492 square feet of rentable space in a 6,985 square foot freestanding building on a 19,602 square foot (0.45-acre) corner parcel of land. The Property offers 155 feet of frontage along Oak Street and 160 feet of frontage along Nutmeg Lane and is zoned PI (Planned Industrial). The Property is currently occupied by Bell Simons Companies and will be delivered vacant.</p><p><strong>ZO

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

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