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owner-user opportunity with built-in income 39 Nott Hwy 35,156 SF 95% Leased Retail Building Ashford, CT 06278 $2,390,000 ($67.98/SF) 8.91% Cap Rate



Investment Highlights
- Major Industrial Anchor tenant 26255 FS NNN Lease
- Long term current retail /office tenant mix with NNN leases
- 1031 Exchange Investor Ready - Income producing transfer property
- Heavily traveled State Highway
Executive Summary
Hollow Brook Commons at 39 Nott Highway offers a rare owner-user opportunity with built-in income on 6.4 acres in Ashford, Connecticut. The 35,018 square foot industrial flex facility, constructed in 2009, is ideally suited for light industrial manufacturing, assembly, warehousing, or specialty production operations, featuring approximately 24-foot ceilings and flexible interior configurations.
An owner-occupant can immediately utilize available space while benefiting from four existing tenants secured by five-year triple net leases, generating additional income and helping offset operating costs. The current layout supports professional office, retail, and light industrial uses, with the ability to reconfigure into as many as eight total suites for future expansion or tenant diversification.
Building systems include central air conditioning, a 139 kW solar energy system supporting energy efficiency, radiant heat with propane gas backup, auxiliary boiler, wet sprinkler system, and security infrastructure. The modern construction and clear-span characteristics provide functionality for a wide range of industrial and commercial users.
Located in the Town of Ashford, postal city Ashford, 39 Nott Highway is positioned along the Route 44 and Route 101 corridor with convenient access to Route 74 and Interstate 84, connecting the Hartford market and Rhode Island. The combination of owner-user flexibility, income in place, and industrial capability makes this property suitable for business expansion, operational relocation, or portfolio growth.
Proof of funds or letter of credit requested prior to property tours.
An owner-occupant can immediately utilize available space while benefiting from four existing tenants secured by five-year triple net leases, generating additional income and helping offset operating costs. The current layout supports professional office, retail, and light industrial uses, with the ability to reconfigure into as many as eight total suites for future expansion or tenant diversification.
Building systems include central air conditioning, a 139 kW solar energy system supporting energy efficiency, radiant heat with propane gas backup, auxiliary boiler, wet sprinkler system, and security infrastructure. The modern construction and clear-span characteristics provide functionality for a wide range of industrial and commercial users.
Located in the Town of Ashford, postal city Ashford, 39 Nott Highway is positioned along the Route 44 and Route 101 corridor with convenient access to Route 74 and Interstate 84, connecting the Hartford market and Rhode Island. The combination of owner-user flexibility, income in place, and industrial capability makes this property suitable for business expansion, operational relocation, or portfolio growth.
Proof of funds or letter of credit requested prior to property tours.
Financial Summary (Actual - 2023) 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 |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) 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 | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
35,156 SF
Building Class
C
Year Built
2009
Price
$2,390,000
Price Per SF
$67.98
Cap Rate
8.91%
NOI
$213,000
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
5 Exterior
Building FAR
0.12
Lot Size
6.50 AC
Zoning
C - Commercial
Parking
40 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
732’ on Nott Hwy
Amenities
- Tenant Controlled HVAC
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 4
- 1,685 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 4 | 1,685 SF | Retail | - | Now |
4
| Size |
| 1,685 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Property Taxes
| Parcel Number | ASHF-000039-A000000-000005 | Improvements Assessment | $1,790,670 (2025) |
| Land Assessment | $69,440 (2025) | Total Assessment | $1,860,110 (2025) |
Property Taxes
Parcel Number
ASHF-000039-A000000-000005
Land Assessment
$69,440 (2025)
Improvements Assessment
$1,790,670 (2025)
Total Assessment
$1,860,110 (2025)
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owner-user opportunity with built-in income | 39 Nott Hwy
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