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75 Merritt Boulevard

Trumbull, CT 06611
  • $75,029
  • STATUS: Active
  • ON SITE: 656 Days
  • MLS #: 170552589
UPDATED: 53 min ago
$75,029
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 112,544
    SQFT
  • $1
    $/SQFT
Type:
Commercial-Lease
Built:
1988
County:
Area:

School Ratings & Info

Description

SEE ATTACHED FLYER FOR MORE INFO. Formerly home to one tenant, this 113,000 SF 3-story brick building is located in beautiful Trumbull Corporate Park in Eastern Fairfield County. Superb highway access. Proposed renovations to turn it into a multi-tenanted building are underway, including a new roof, new HVAC systems, new lobby, new lavatories, new hallways, new lighting, new landscaping and parking lot upgrades. Parking is 3.5/1000 SF of net space. IL3 zone allows office, R&D and medical use. Small-to-midsized spaces are available from 2,000 SF on up starting at $8.99 PSF/NNN with heat included. Taxes & CAM are estimated to be $3.96 PSF. Tenant pays for its own electric. Also for sale with the declared renovations completed @ $10M = $88.50 PSF (which is well below replacement cost). The building is currently 87% vacant. But, at 93% occupancy, the Cap Rate would be approximately 9.4%.



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-12-13T22:09:56.39.
www.faifmangroup.com/homes/137263980
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75 Merritt Boulevard Trumbull, CT 06611

  • Price: $75,029
  • Status: Active
  • On Site: 656 Days
  • Updated: 53 min ago
  • MLS #: 170552589
0
Beds
0
Baths
0
½ Baths
5
Acres
112,544
SQFT
$1
$/SQFT
1988
Built
County:
Fairfield
Area:
Trumbull
Property Description
SEE ATTACHED FLYER FOR MORE INFO. Formerly home to one tenant, this 113,000 SF 3-story brick building is located in beautiful Trumbull Corporate Park in Eastern Fairfield County. Superb highway access. Proposed renovations to turn it into a multi-tenanted building are underway, including a new roof, new HVAC systems, new lobby, new lavatories, new hallways, new lighting, new landscaping and parking lot upgrades. Parking is 3.5/1000 SF of net space. IL3 zone allows office, R&D and medical use. Small-to-midsized spaces are available from 2,000 SF on up starting at $8.99 PSF/NNN with heat included. Taxes & CAM are estimated to be $3.96 PSF. Tenant pays for its own electric. Also for sale with the declared renovations completed @ $10M = $88.50 PSF (which is well below replacement cost). The building is currently 87% vacant. But, at 93% occupancy, the Cap Rate would be approximately 9.4%.
Exterior Features

Garage And Parking Paved Parking Total Spaces 0 Road Frontage Description Paved Road Roof Information EPDM Synthetic RubberFlat

Interior Features

Cooling System Central Air Heat Type Hot Air Sq Ft Total 113000

Property Features

Agent Owner YN No Foundation Type Concrete Heat Fuel Type Gas In Street Hubbard YN No Lease Duration Flexible Lease Terms Location Suburban New Construction Type No/Resale Sewage System Public Sewer Connected Subdividable YN Yes Tenant Responsibility Common Area MaintenanceSnow Removal Total Number Of Units 1 Under Agreement Yn No Utilities Available ElectricGas Water Source Public Water Connected Zoning IL3

Listing information © 2024 Smart MLS
Listing provided courtesy of Alan Fischer of Fischer Real Estate Inc.: (203) 795-5554.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-12-13T22:09:56.39.
 
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