2 Fox Hollow Rd - Manufacturing FOR SALE


Oxford, CT 06478
$5,500,000 USD
203-692-2420
2 Fox Hollow Rd, Oxford, CT for Sale
$5,500,000 USD
Manufacturing - FOR SALE
1/22
null | 6.55% Cap Rate

2 Fox Hollow Rd
Oxford, CT 06478


HIGHLIGHTS

  • Absolute Triple Net (NNN) Lease
  • Corporate Guarantee
  • 2012 Construction
  • 11 Years remaining on the lease
  • Rental Increases every 5 years based on CPI
  • Caters to Resilient and Growing Industries of Aerospace and Semiconductors

OVERVIEW

Northeast Private Client Group is pleased to exclusively present for sale 2 Fox Hollow Road, a Single Tenant Triple Net Leased Industrial Property, located in Oxford, Connecticut. The site consists of a 29,771 square foot industrial building set on 6.5 acres of land. The tenant, Gen- El-Mec Associates, LLC, has entered into a 13-year lease with a triple-net (NNN) structure with 11 years remaining. The annual rent is $360,000 for the first 5 years and will be adjusted every 5 years based on CPI. All interested and qualified parties will have the opportunity to obtain additional information and walk the premises upon request.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.5

LAND SF

283,140

ZONING

IND

APN/PARCEL ID

OXFO-000025-000018-000004-000008R

ASK ABOUT THIS PROPERTY

Edward JordanNortheast Private Client GroupMore Info
203-692-2420

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Edward JordanNortheast Private Client GroupMore Info
203-692-2420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.