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Industrial, office, and event space 35-69 Benham Ave 69,000 SF 100% Leased Flex Building Bridgeport, CT 06605 $3,900,000 ($56.52/SF) 11.23% 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 with a 6.3% cap rate
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 with a 6.3% cap rate
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
| Price | $3,900,000 | Lot Size | 1.27 AC |
| Price Per SF | $56.52 | Rentable Building Area | 69,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 11.23% | Year Built/Renovated | 1930/2019 |
| Sale Condition | Sale Leaseback | Parking Ratio | 1.01/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 12’ |
| Building Class | C | Cross Streets | Wood Ave |
| Zoning | Light Industrial | ||
| Price | $3,900,000 |
| Price Per SF | $56.52 |
| Sale Type | Investment or Owner User |
| Cap Rate | 11.23% |
| Sale Condition | Sale Leaseback |
| Property Type | Flex |
| 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 |
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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.
Walk Score®
Very Walkable (83)
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
1 of 33
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Industrial, office, and event space | 35-69 Benham Ave
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