Great opportunity to have your medical/professional office lease located on busy Route 10 in Cheshire, CT. The building was built and still maintained by one of the area's esteemed builders, John Ricci. The class A building is well landscaped and common areas are meticulously maintained. The building is extremely visible and architecturally designed to conform to its surroundings. The traffic count has approximately 19, 000 vehicles passing daily. Most importantly it is ADA compliant, with an elevator and parking lot of over 120 spaces. It is a 1700 Sq Ft lease with 7 individual offices, a reception area and kitchenette. Another 1800 Sq Ft of space can be negotiated if desired. Build out dependent on lease duration. Modified Gross Lease.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.605.5576
Rick.Cannavaro@raveis.com
NMLS Mortgage Loan Originator ID 89074
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,760 | $1,760 | $1,760 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $12 | $15 |
Total Monthly Payment | $87 | $87 | $90 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.