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150 Knotter Dr 135,470 SF 100% Leased Industrial Building Cheshire, CT 06410 $11,200,000 ($82.68/SF) 8.12% Cap Rate
Matterport 3D Tour
Investment Highlights
- NOI: $909,510 | Cap Rate: 8% | 100% Occupied
- Expansion Potential
- Heavy Power
- 135,470 SF Industrial / Manufacturing / Flex Building
- 14' Ceiling Heights, 6 Loading Docks, 2 Drive-in Doors
- Ample Parking, Close to Highways
Executive Summary
INVESTMENT OPPORTUNITY: O,R&L Commercial is pleased to present 150 Knotter Drive, a compelling Industrial Investment opportunity in a well-established Cheshire business park location. The property consists of a 135,470 SF industrial building, fully occupied, and providing immediate income as well as future expansion potential. The building is designed to accommodate a wide range of industrial, manufacturing, and distribution uses offering 6 loading docks, 2 drive-in doors, 14' ceiling heights, and heavy power. The facility is 100% air conditioned, a notable feature for users requiring climate-controlled production, assembly or warehouse space.
Located in Cheshire, the property benefits from convenient access to Route 10 and Interstate I-84 providing strong regional connectivity throughout Central Connecticut and beyond. This combination of scale and infrastructure, lease revenue and stable occupancy make 150 Knotter Drive an attractive opportunity for investors seeking a long-term industrial investment.
Located in Cheshire, the property benefits from convenient access to Route 10 and Interstate I-84 providing strong regional connectivity throughout Central Connecticut and beyond. This combination of scale and infrastructure, lease revenue and stable occupancy make 150 Knotter Drive an attractive opportunity for investors seeking a long-term industrial investment.
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Property Facts
Amenities
- Signage
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
New York
8,398,748
101
2 h 25 m
Boston
694,583
125
2 h 36 m
Philadelphia
1,584,138
191
3 h 56 m
Baltimore
602,495
290
5 h 51 m
Washington
702,455
325
6 h 38 m
Virginia Beach
450,189
448
9 h 33 m
Access and Labor Force
10 Miles
Total Population
472,766
Total Labor Force
254,048
Unemployment Rate
3.72%
Median Household Income
$74,962
Warehouse Employees
42,745
High School Education Or Higher
89.50%
Property Taxes
| Parcel Number | CHES-000009-000011 | Improvements Assessment | $3,116,470 |
| Land Assessment | $924,280 | Total Assessment | $4,040,750 |
Property Taxes
Parcel Number
CHES-000009-000011
Land Assessment
$924,280
Improvements Assessment
$3,116,470
Total Assessment
$4,040,750
Sale Advisors
Sale Advisors
Richard Lee, Managing Director
Mr. Lee co-founded this full-service Real Estate Company comprised of brokerage, property management and construction divisions. He successfully marketed the company to be a leader in the real estate and construction industry in Connecticut. The brokerage division has been recognized nationally in Barron’s and in the New York Times for its successful marketing of millions of dollars of distressed and foreclosed real estate.
For the past twenty-five years, O,R&L Commercial has been leasing and selling commercial real estate in the state of Connecticut. Approximately 4,000,000 square feet of it has been in the markets of New Haven, Fairfield, New London and Hartford counties. His clients include a range of corporation’s both locally and nationally, private individuals, investors, developers, and partnerships.
For the past twenty-five years, O,R&L Commercial has been leasing and selling commercial real estate in the state of Connecticut. Approximately 4,000,000 square feet of it has been in the markets of New Haven, Fairfield, New London and Hartford counties. His clients include a range of corporation’s both locally and nationally, private individuals, investors, developers, and partnerships.
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150 Knotter Dr
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