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Industrial, office, and event space 35-69 Benham Ave 69,000 SF 100% Leased Flex Building Bridgeport, CT 06605 $3,500,000 ($50.72/SF) 12.52% Cap Rate
Investment Highlights
- 2nd floor renovated 2019
- Open floor plan with expose beams and brick with multipurpose rooms and flex spaces
- Close to Highways, Universities, Train Station
Executive Summary
FOR SALE: Income-Producing Mixed-Use Commercial Property
Diverse Tenant Mix | Immediate Cash Flow | Turnkey Investment
Unlock strong, stable returns with this fully functional mixed-use industrial, office, and event facility. The property is currently 60% leased to a blend of industrial users on the first floor and professional and nonprofit tenants on the second floor, delivering reliable income across sectors.
?? Highlights:
Positive NOI
Energy-efficient: 130.90 kW solar system generating utility savings
Recent upgrades: New HVAC, electrical, plumbing, fire protection & roofing (14,000 SF)
Modern second-floor expansion with updated infrastructure
Multiple income streams across industrial, office, and event categories
Ample parking & excellent access to I-95 and Route 8
Perfect for investors seeking strong returns and long-term upside, or owner-users looking for a value-rich opportunity.
Schedule your private tour today!
Diverse Tenant Mix | Immediate Cash Flow | Turnkey Investment
Unlock strong, stable returns with this fully functional mixed-use industrial, office, and event facility. The property is currently 60% leased to a blend of industrial users on the first floor and professional and nonprofit tenants on the second floor, delivering reliable income across sectors.
?? Highlights:
Positive NOI
Energy-efficient: 130.90 kW solar system generating utility savings
Recent upgrades: New HVAC, electrical, plumbing, fire protection & roofing (14,000 SF)
Modern second-floor expansion with updated infrastructure
Multiple income streams across industrial, office, and event categories
Ample parking & excellent access to I-95 and Route 8
Perfect for investors seeking strong returns and long-term upside, or owner-users looking for a value-rich opportunity.
Schedule your private tour today!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $3,500,000 | Lot Size | 1.27 AC |
| Price Per SF | $50.72 | Rentable Building Area | 69,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 12.52% | Year Built/Renovated | 1930/2019 |
| Sale Condition | Sale Leaseback | Parking Ratio | 1.01/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 12’ |
| Property Subtype | Showroom | Cross Streets | Wood Ave |
| Building Class | C | ||
| Zoning | Light Industrial | ||
| Price | $3,500,000 |
| Price Per SF | $50.72 |
| Sale Type | Investment or Owner User |
| Cap Rate | 12.52% |
| Sale Condition | Sale Leaseback |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 1.27 AC |
| Rentable Building Area | 69,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1930/2019 |
| Parking Ratio | 1.01/1,000 SF |
| Clear Ceiling Height | 12’ |
| Cross Streets | Wood Ave |
| Zoning | Light Industrial |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Elinco International JPC, Inc.
- Manufacturing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- REN.
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Elinco International JPC, Inc. | Manufacturing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| REN. | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The second floor is a perfect turnkey solution for a church, event space, performance venue or non-profit organization. Includes reception area, 500 seat auditorium, private offices, several large multi-purpose rooms, child care area and banquet hall.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 15,000 SF | Office | Full Build-Out | 120 Days |
2nd Floor
| Size |
| 15,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 120 Days |
2nd Floor
| Size | 15,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 120 Days |
The second floor is a perfect turnkey solution for a church, event space, performance venue or non-profit organization. Includes reception area, 500 seat auditorium, private offices, several large multi-purpose rooms, child care area and banquet hall.
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | BRID-001116-000014B | Total Assessment | $1,168,900 (2025) |
| Land Assessment | $222,250 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $946,650 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
BRID-001116-000014B
Land Assessment
$222,250 (2025)
Improvements Assessment
$946,650 (2025)
Total Assessment
$1,168,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Industrial, office, and event space | 35-69 Benham Ave
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