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Solid Cash-Flowing Office/Flex/Industrial 2 Morse Rd 33,000 SF 100% Leased Industrial Building Oxford, CT 06478 $2,895,000 ($87.73/SF)

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INVESTMENT HIGHLIGHTS

  • Fully leased office/industrial asset with a single-tenant NNN lease, providing stable cash flow and minimal landlord responsibilities.
  • Lease includes a five-year renewal option and 3.5% annual rent increases, ensuring long-term income growth and strong investment returns.
  • With high average household incomes of over $160,000 per year, the population within a 2-mile radius is on the rise.
  • Ideally located in Oxford with quick access to I-84 and Route 8, connecting to major business hubs like Hartford, New York, and Boston.
  • Waterbury-Oxford Airport (OXC) is just minutes from the asset which is fast-growing and attracts cargo and business travel.

EXECUTIVE SUMMARY

Leased Investment Property
33,000 s/f Office/Industrial Flex Facility
Modern Building in Excellent Condition
Leased to Long Established Business & Ownership
Located on 3.96 acres of Park Like Grounds
Net Operating Income of $288,000.00 NNN
Offered at $2,895,000.00

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,895,000
Price Per SF $87.73
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Lot Size 3.96 AC
Rentable Building Area 33,000 SF
No. Stories 3
Year Built/Renovated 1988/2003
Parking Ratio 1.82/1,000 SF
Clear Ceiling Height 11’
No. Dock-High Doors/Loading 2
Zoning Industrial

UTILITIES

  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
OXFO-000018-000032-000006-A000000-2
Land Assessment
$220,220
Improvements Assessment
$1,834,280
Total Assessment
$2,054,500
  • Listing ID: 29657141

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 2 Morse Rd, Oxford, CT 06478

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