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362 Industrial Park Rd 9,301 SF Industrial Condo Unit Offered at $724,900 in Middletown, CT 06457
INVESTMENT HIGHLIGHTS
- Excellent Location near highways
- Plenty of Office, Warehouse and Storage Space
- 3 Overhead doors
EXECUTIVE SUMMARY
Excellent location with opportunity galore in this industrial - office condominium. Right off Exits 20 or 21 from Interstate 91. Plenty of office and warehouse space. High ceilings, loading doc, overhead doors. Natural gas heat and central air cooling. Make it your own and stop renting. Rent or Buy! For sale too. Even includes a drive up ramp to large warehouse with high ceilings. It will be ideal for a service , warehouse, distribution, storage business.
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Storage Space
- Air Conditioning
UTILITIES
- Gas
- Water - City
- Sewer - City
1 UNIT AVAILABLE
Unit 3
| Unit Size | 9,301 SF | Cap Rate | 10.91% |
| Price | $724,900 | NOI | $79,086.59 |
| Price Per SF | $77.94 | No. Parking Spaces | 15 |
| Condo Use | Industrial | Sale Conditions | Lease Option |
| Sale Type | Investment or Owner User | APN/Parcel ID | 1010863 |
| Unit Size | 9,301 SF |
| Price | $724,900 |
| Price Per SF | $77.94 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.91% |
| NOI | $79,086.59 |
| No. Parking Spaces | 15 |
| Sale Conditions | Lease Option |
| APN/Parcel ID | 1010863 |
DESCRIPTION
Excellent location with opportunity galore in this industrial - office condominium. Right off Exits 20 or 21 from Interstate 91. Plenty of office and warehouse space. High ceilings, loading doc, overhead doors. Natural gas heat and central air cooling. Make it your own and stop renting. Two units combined right next to each other in the same complex for sale - same owner. Rent or Buy! For sale too. Even includes a drive up ramp to large warehouse with high ceilings. It will be ideal for a service, warehouse, distribution or storage business.
SALE NOTES
If you need more space combine units #2 and #3 right next door in the same complex for sale - same owner.
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Artee Fabrics & Home or Assignee or Arti Mehta |
99,999 SF SF
|
Jan 0000
|
Presented by
362 Industrial Park Rd
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