39 Nott Hwy - Storefront Retail/Office FOR SALE


Ashford, CT 06278
$2,850,000 USD
860-336-6675
39 Nott Hwy, Ashford, CT for Sale
$2,850,000 USD
Storefront Retail/Office - FOR SALE
1/39
null | 9.2% Cap Rate

39 Nott Hwy
Ashford, CT 06278


HIGHLIGHTS

  • Major Industrial Anchor tenant 26255 FS NNN Lease
  • 1031 Exchange Investor Ready - Income producing transfer property
  • Long term current retail /office tenant mix with NNN leases
  • Heavily traveled State Highway

OVERVIEW

Turn-Key Triple Net Lease - Income producing Hollow Brook Commons Situated on 6.4 Acres in Ashford CT is the headquarters of Pith Products (Anchor Tenant) Hollow Brook Commons 39 Nott Hwy. This 35018 SF Industrial Flex was built in 2009 is currently investment opportunity for sale . Perfect transfer property for a 1031exchange Investor or New venture portfolio expansion. The shopping Center/Commercial/Office space is currently occupied with 4- tenants all with 5-year triple Net leases. This property features Central A/C, 139 KW Green Solar Energy Efficient radiant heat with propane gas back-up, Auxiliary boiler, security system and a wet sprinkler system. The office/retail space can be reconfigured to accommodate up to 8 total spaces making it flexible for a possible future tenant mix. Located on the Rt 101-Rt44 to Rt 74 connector to I84, this is a heavily traveled route from RI to Hartford. Please plan to provide proof of funds or letter of credit prior to property tour.......

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

9.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollow Brook Commons-Retail Flex-NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

6.5 AC

LAND SF

283,140 SF

ZONING

C

APN/PARCEL ID

ASHF-138500-000000

ASK ABOUT THIS PROPERTY

Michael CollinsBerkshire Hathaway HomeServices New EnglandMore Info
860-336-6675

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Michael CollinsBerkshire Hathaway HomeServices New EnglandMore Info
860-336-6675

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