Real Estate Offering Package 34-38 Burnham Avenue, Unionville, CT 06085 FOR SALE or LEASE 18,500±SF Office / Warehouse Building on 1.88± acres 3.3.
Table of Contents REDUCED SALE PRICE $675,000 LEASE RATE $5.00/SF NNN 1.0... Executive Summary 2.0... Property Overview 3.0... Location Overview 4.0... Market Overview Scan the QR Code below with a barcode scanner on your smart phone to access our website. Connect with us: For more information contact: Thomas Wilks 860-761-6018 twilks@orlcommercial.com 2340 Silas Deane Highway, Rocky Hill, CT 06067 Tel: (860) 721-0033 Fax: (860) 721-7882 2 Summit Place, Branford, CT 06405 Tel: (203) 488-1555 Fax: (203) 315-4046 PAGE 2 34-38 Burnham Avenue, Unionville, CT 06085
Executive Summary 34 38 Burnham Avenue, Unionville, CT 06085 O,R&L Commercial is pleased to present 34-38 Burnham Avenue, Unionville (Farmington), Connecticut, for Sale and Lease. This 18,500± SF Office / Warehouse Building is situated on 1.88± acres in the C1 zone. The building also has an 8,000 SF lower level as well as a full storage basement. There are also underground oil tanks. The space is broken down into 2,500 SF air-conditioned office and 16,000 SF Warehouse. There are 2 loading docks and 1 drive-in door. The warehouse space is 16 feet clear height. There are 30 parking spaces and the building is conveniently located off Rt. 4 and Rt. 177. PAGE 3 34-38 Burnham Avenue, Unionville, CT 06085
Property Overview Property Description 34-38 Burnham Street, Unionville, CT 06032 Gross Building Area 18,500± SF (+ approx. 8,000 SF LL) Site Area 1.88± acres Total Available Space 18,500± SF (+ approx.. 8,000 SF LL) Zoning C1 Number of Floors 1 Parking 30 parking spaces Space Breakdown Office: 2,500± SF Industrial: 16,000± SF Lower Level: 8,000± SF Signage Drive-in Doors 1 Drive-in Visibility On Burnham Avenue Loading Docks 2 Loading Docks Local Access Rt. 4, Rt. 177 Construction Concrete Block & Steel Frame Highway Access I-84, Exit 38 / 39 Roof Type Flat Utilities Sewer City Year Built 1990 Effective (1966) Water City Air Conditioning Yes - Offices Gas Available Type Of Heat Oil Taxes Assessment $832,370 Sprinklered No Mill Rate 25.10 (2014) Electrical 2000A / 208V, 3 Phase Heavy Taxes $20,892.49 Pylon Comments Located in Farmington Valley. Full Storage Basement. Underground Oil Tank. Directions / Location I-84 to Exit 39, to Rt. 4 (Farmington Ave), Left onto South Main Street (Rt. 177), Left onto New Britain Ave, Right onto Burnham Ave. PAGE 4 34-38 Burnham Avenue, Unionville, CT 06085
Property Overview Floor Plan PAGE 5 34-38 Burnham Avenue, Unionville, CT 06085
Property Overview Assessor Property Card 34 Burnham Avenue PAGE 6 34-38 Burnham Avenue, Unionville, CT 06085
Property Overview Assessor Property Card 38 Burnham Avenue PAGE 7 34-38 Burnham Avenue, Unionville, CT 06085
Property Overview Assessor Map PAGE 8 34-38 Burnham Avenue, Unionville, CT 06085
Location Overview Aerial PAGE 9 34-38 Burnham Avenue, Unionville, CT 06085
Location Overview Location Map PAGE 10 34-38 Burnham Avenue, Unionville, CT 06085
Location Overview Zoning Regulations PAGE 11 34-38 Burnham Avenue, Unionville, CT 06085
Location Overview Zoning Regulations PAGE 12 34-38 Burnham Avenue, Unionville, CT 06085
Location Overview Zoning Regulations PAGE 13 34-38 Burnham Avenue, Unionville, CT 06085
Location Overview Zoning Regulations PAGE 14 34-38 Burnham Avenue, Unionville, CT 06085
Location Overview Zoning Regulations PAGE 15 34-38 Burnham Avenue, Unionville, CT 06085
Market Overview Farmington was incorporated in 1645. Known as the "Mother Town", Farmington was partitioned into the towns of Avon, Bristol, Plainville, New Britain, Berlin, Southington, and Burlington. This history is reflected in the Town Seal. Today, Farmington comprises 28.7 square miles along the Farmington River. Farmington is a residential suburb in the Hartford Metropolitan area that has retained its distinctive character through maintenance of its historic districts and careful land use planning for the future. Farmington has a Council-Manager form of government with a Council Chairperson as the chief elected official and a Town Manager as the Chief Executive Officer. Farmington (pop. 25,000) sits 10 miles west of Hartford at the hub of major I-84 interchanges, 20 miles south of Bradley International Airport and 2-hours by car from NYC and Boston. A bedroom community for Hartford decision makers with a strong commercial base in the Hartford Metro area, Farmington is an ideal site for central CT business & industry. The Town has retained its distinct character through progressive land use planning, maintenance of its historic districts and by serving its business community. Business Climate Farmington s diverse grand-list allows for a commercial mill rate among the lowest 22% in Connecticut. The Town offers incentives, including property tax abatement, to new or expanding businesses. A stable, highly educated workforce, Blue Ribbon schools, low taxes, proximity to major regional highways and myriad recreational opportunities make the Town of Farmington an ideal place to do business. Major Employers The University of Connecticut Health Center is the Town s largest employer and a leading academic research institution in CT. The Center conducts $90+ million in research annually and in 2007 received $12 million from the state to develop a Stem Cell Research Center. ConnectiCare was ranked #6 on the U.S. News and World Report/NCQA list of America s Best Health Plans (2006), and the only for-profit health plan ranked in the top 10. TRUMPF is the largest manufacturer of fabricating machinery in the U.S. Headquartered in Farmington, Otis Elevator is the world s leading manufacturer, installer and maintainer of elevators, escalators and moving walkways. Town Profile Why Farmington? Location, Location, Location! - Easy access to multiple Interstate 84 interchanges. Ten minutes to Hartford, Connecticut's Capital. Thirty minutes to Bradley International Airport. Two hours by car to New York City and Boston Low Taxes - Farmington's robust grand-list, high bond rating (AA1) and healthy business environment combine for one of the lowest commercial mill-rates not only in the Farmington Valley but also among the lowest 22% in the State of Connecticut. Thriving Business Culture - Farmington prides itself on a strong and vibrant business community, boasting more than 2,000 registered businesses. From corporate headquarters, to industry, to sole proprietorship, the Town enjoys a diverse collection of commercial enterprises. Farmington has one of the largest Class A office space inventories in the greater Hartford region. Housing Options - Farmington boasts a wide range of housing options for residents. You can find many apartment complexes throughout town as well as condominiums for both purchase and rent. There are also many entry-level homes available as well as high-end real estate. A suburban lifestyle in a rural atmosphere can be found in Farmington! Farmington street map Quality of Life - Farmington decision makers work hard to maintain the Town's unique blend of historic and progressive. Farmington boasts perennially low crime-rates, numerous parks and trails, the lovely Farmington River, museums, great restaurants and much, much more. Blue Ribbon Schools - Farmington's Public Schools are recognized as Blue Ribbon Schools by the U.S. Dept. of Education and have been designated in the Top 100 nationally by Newsweek. ACT and SAT Scores at FHS are among the highest in the State of Connecticut. Superior Workforce - Connecticut enjoys one of the highest densities of higher education in the nation; Farmington is home to both the University of Connecticut Health Center and Tunxis Community College. Whatever your business, your workforce is here. Farmington prides itself on a strong and vibrant business community, boasting more than 2,000 registered businesses. From corporate headquarters, to industry, to sole proprietorship, the Town enjoys a diverse collection of commercial enterprises. Farmington has one of the largest Class A office space inventories in the greater Hartford region. PAGE 16 34-38 Burnham Avenue, Unionville, CT 06085
Market Overview Town Demographics PAGE 17 34-38 Burnham Avenue, Unionville, CT 06085
Market Overview 1, 3, & 5 Mile Demographics Population 1 Mile 3 Mile 5 Mile 2015 Total Population: 6,102 27,967 73,516 2020 Population: 6,053 28,203 74,197 Pop Growth 2015-2020: 0.68% 0.84% 0.93% Average Age: 42.30 41.90 41.80 Households 2015 Total Households: 2,513 11,013 29,488 HH Growth 2015-2020: 0.64% 0.86% 0.88% Median Household Inc: $84,111 $96,349 $86,951 Avg Household Size: 2.40 2.50 2.50 2015 Avg HH Vehicles: 2.00 2.00 2.00 Housing Median Home Value: $289,019 $323,328 $285,187 Median Year Built: 1972 1977 1974 5 MILE 3 MILE 1 MILE PAGE 18 34-38 Burnham Avenue, Unionville, CT 06085