Drubner Commercial



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Drubner Commercial
530 Middlebury Rd. 211B
Middlebury, CT 06762
Office 203.753.4116
Fax 203.578.3003


LISTING DESCRIPTION
KEYS
X Sale
Lease
Indust.
Retail
X Office
Apartment
X Land

NAME OF BUILDING OR SITE Turnpike Office Park  

TOWN   Middlebury      ST. & No. 1579 Straits Turnpike          ZIP 06762 

DIRECTIONS  

DESCRIPTION   Former "Timex World Headquarters" Office Building now a multi tenant condo office building. 87,000 SF net usable - 77,000 SF Offered For Sale (88% of building) Can build additional 66,000 more or less - Offered For Sale at .08 cap rate. Pro-Forma NOI = $1,147,365 

WILL DIVIDE No    PRESENT USES Office Building    POTENTIAL USES Office Expansion 


BUILDING

FLOORS
  SF Ceiling
1st fl. 35,000  9' 
2nd fl. 35,000  9' 
3rd fl. 35,000  9' 
Other    
Office SF 105,000 
Total SF avail.  
Total SF bldg. 105,000 
Type Const. Masonry / steel 
Column spacing  
Yr. built 1978 
No. O/H doors  
Truck docks  
Parking 425 cars 
Expansion YES 


ASSESSMENT:

Land:  
Improvements:  
Total:  
Condo Fee:  

Mill Rate:  
Taxes: $3.22 PSF 


DAVID R. THEROUX 
 
MECHANICAL EQUIPMENT

Heat Type GAS 
Elev.
A/C Office
   plant  
Sprinkler
Roof Type Rubber 
Year 2017 
Other  


UTILITIES

Water: Municipal Well  
Electric: Amp.   Phase  
Gas:
Sewer: Sanitary Septic  


REMARKS:
CAM = $6.91 PSF 
Includes HVAC 
 
 
 


 
LAND

Acres 31.25 
Zoning Commercial 


Condition of Site (%)
  Level
  Slope  
  Wet  
  Dry  


TERMS

Sale $14,342,062 
Lease Price  


Tenant Pays:

   Insurance  
   Heat  
   Water  
   A/C  
   Electric  
   Taxes  


TRANSPORTATION

Highway Visibility NO 
Highway/Interstate I-84 
   Exit 17 
   State Rt. Rt. 63 
   RR Siding   


Information shown is purported to be from reliable sources. No representation is made as the acuracy thereof and is submitted subject to errors, ommission, change of price, rental or other conditions, prior sale or withdrawal notice.