15 N Washington St 30,322 SF 83% Leased Industrial Building Plainville, CT 06062 $1,550,000 ($51.12/SF) 9.50% Cap Rate

This 39,000 square foot industrial building is presented as a seller-leaseback. The current owner requires the lease of the entire building for a period of at least 5 years. The seller is guaranteeing a 9+% CAP and is willing to manage the building for less than typical management fees. The building earns an annual income at $142K. There is a brand new freight elevator available as well as a ground floor overhead door for the ground level unit. The three-floors of industrial space have ample parking in the rear and provides the tenants with two additional, large overhead doors and a loading dock at the front of the building. New gas heating system has been installed by seller. Great income producing building in a great location near Route 84 to Hartford (20 minutes), New Britain (10 minutes), Waterbury (20 minutes).