175-B Scott Swamp Road, Farmington, CT

Property Type Office - General Office
Property Size 100,539 SF
Lot Size 6.22 Acre
Parking Spaces Avail. 464
Parking Ratio 4.62/ 1,000 SF
Property Tenancy Single Tenant
Building Class B
Year Built 2003

Location

Map
Street

City Farmington, CT
Neighborhood Farmington
Zip Code 06032
Market Bridgeport New Haven

Contacts

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Owner

True Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 16 May, 2005
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Farmington

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Farmington Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $21.37
2020 Office Vacancy Rate 11.29%
2020 Office Completions (SF)

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Tax

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Frequently Asked Questions

What is the total square footage of 175-B Scott Swamp Road?

175-B Scott Swamp Road totals 100,539 square feet.

When was this property built?

175-B Scott Swamp Road was built in 2003.

When was 175-B Scott Swamp Road last sold?

175-B Scott Swamp Road was last sold on 16 May, 2005.

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175-B Scott Swamp Road, Farmington, CT 06032 - Office Space

175-B Scott Swamp Road is located at 175-B Scott Swamp Road in the Farmington neighborhood, CT, Farmington, 06032. The Class B Office building was completed in 2003 and features a total of 100,539 SF.

There are 40 office spaces for lease in the Farmington neighborhood, totaling 346,529 SF of available office space. The office space availability for the 06032 zip code is 341,135 SF, in 40 office spaces. The average asking office rent per SF in Farmington is $20.2/SF/YR. For Class A office buildings the average office rate is $21.25/SF/YR, for Class B office buildings the average office rate is $19.94/SF/YR.

In Farmington, there are 37 class B office buildings. In Farmington, there are a total of 1 LEED certified office buildings. At zip code level, there are 43 commercial properties, of which 34 are office buildings over 50,000 square feet.

175-B Scott Swamp Road