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35 Thorpe Avenue

~80,000 SF Wallingford, Connecticut, Class A Office Asset

RealINSIGHT Marketplace and NKF Capital Markets are pleased to present the opportunity to acquire the fee-simple interest in 35 Thorpe Avenue, a Class A, office asset in Wallingford, Connecticut.

The property consists of 79,862 rentable square foot, ~72% leased to seven tenants, three-story, office building situated on 6.61 acres. It is conveniently located adjacent to the I-91 access ramps, which provide quick and easy access to the largest north-south interstate in Connecticut. 35 Thorpe also offers a wide array of amenities including but not limited to flexible floor pates, abundant parking, as well as a fitness center with locker rooms and showers.

INVESTMENT HIGHLIGHTS

 

Trophy Class A Asset Class A office building in Southern Connecticut, featuring an attractive three-story brick exterior, building signage (visible from I-91), fitness center, and abundant parking.

Substantial Opportunity for Value Creation Acquiring one of the best assets in the market at below-replacement cost will allow new ownership to aggressively compete for the best quality tenants. It is also ideal for an owner-occupant to establish a presence in the Wallingford submarket, centrally located between New Haven and Hartford.

Strategic Location, Excellent Amenities - The property is adjacent to I-91, which is the major highway in Connecticut that runs north to south. The asset is also approximately 3 miles from Wallingford’s primary restaurant and entertainment stretch.

 

Auctioneer: Michael A. Fine- License No. 0755028

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

35 Thorpe Avenue Office

35 Thorpe Avenue, Wallingford, CT 06492

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Current Bid: NO BID
Starting Bid: $2,450,000
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Asset Snapshot

  • Asset Type
  • Real Estate
  • Office Type
  • Suburban Office
  • Property Size
  • 79,862 Sq Ft
  • Land Area
  • 6.61 Acres
  • Year Built
  • 1990
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Parking Count
  • 310
  • Occupancy
  • 71.48%
  • Occupancy as of
  • Apr 30, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.