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124 Costello Rd
Newington, CT 06111
Ferguson · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1985 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 4.82 AC | Clear Ceiling Height | 18’6” |
| Rentable Building Area | 14,122 SF | No. Dock-High Doors/Loading | 2 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 3 |
| Zoning | PD | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.82 AC |
| Rentable Building Area | 14,122 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 1.78/1,000 SF |
| Clear Ceiling Height | 18’6” |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | PD |
AMENITIES
- Fenced Lot
ABOUT 124 COSTELLO RD , NEWINGTON, CT 06111
INVESTMENT HIGHLIGHTS: - Largest U.S. distributor of plumbing supplies, PVF, waterworks and fire and fabrication products – With an annual revenue of $20.75B - Attractive Return – Deal is offered at a 7.50% Cap rate - Long Operating History – Ferguson has been at this location for 19 years - Extremely Versatile Building – 14,122 RBA including 5,482 sf of office - Large Parcel – 4.77 Acres, ±193,000 SF fenced yard - Growing Cash Flow – Ferguson’s lease has a 6% increase upon renewal in July 2020 - Affluent Demographics – Median household income of over $93,000 - Industrial components- Building features 22’ eave height, 18-6’ft clear height, 3-grade level drive-in docks, 2-flush loading docks
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,042,450 | |
| Land Assessment | $325,390 | Total Assessment | $1,367,840 |
PROPERTY TAXES
