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Office

Granite Square

1 Audubon St, New Haven, CT 06511

Listing Price: $16,460,000

Cap Rate
7.46%
Gross SF
110,098
Rentable SF
110,098
Price/Gross SF
$149.50
Lot Size
1.43 acres
Year Built
1989

Investment Overview

The Dumes Teets Mullowney Group is pleased to bring to market Granite Square in New Haven, Connecticut.

Investment Highlights

  • Granite Square | Two Connected Low-Rise Office Buildings | 110,098 Total Square Feet | New Haven, CT
  • 9,610 Square Feet or Nearly 9 Percent Realizable Vacancy Upside
  • Tenants Accounting for Approximately 80 Percent of Base Rental Income Have Annual Rent Increases
  • Multi-Level Covered Parking Garage Connecting the Two Office Buildings Providing Ample Parking
  • Positioned on a Hard Corner Near a Signalized Intersection which Connects to I-91
  • Located in the Heart of Downtown New Haven Near the Business District and Yale University
  • Median Household Incomes Increased Over 44 Percent within Five-Miles since 2000
  • More than 262,000 Residents and Over 287,000 Employees within Five-Miles

Exclusively Listed By

Office

Granite Square

Listing Price: $16,460,000

Cap Rate
7.46%
Gross SF
110,098
Rentable SF
110,098
Price/Gross SF
$149.50
Lot Size
1.43 acres
Year Built
1989

Investment Highlights

  • Granite Square | Two Connected Low-Rise Office Buildings | 110,098 Total Square Feet | New Haven, CT
  • 9,610 Square Feet or Nearly 9 Percent Realizable Vacancy Upside
  • Tenants Accounting for Approximately 80 Percent of Base Rental Income Have Annual Rent Increases
  • Multi-Level Covered Parking Garage Connecting the Two Office Buildings Providing Ample Parking
  • Positioned on a Hard Corner Near a Signalized Intersection which Connects to I-91
  • Located in the Heart of Downtown New Haven Near the Business District and Yale University
  • Median Household Incomes Increased Over 44 Percent within Five-Miles since 2000
  • More than 262,000 Residents and Over 287,000 Employees within Five-Miles

Investment Overview

The Dumes Teets Mullowney Group is pleased to bring to market Granite Square in New Haven, Connecticut.

Exclusively Listed By

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