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Investment Highlights
- Value-Add Investment Opportunity
- Strong Single Tenant Occupancy
- Functional Industrial Space Immediately Available
- Bldg 39A - 40,000 SF - 100% Occupied
- Bldg 39B - 24,000 SF - Vacant
- Multiple Drive-ins and Docks
Executive Summary
O,R&L Commercial is pleased to present (for sale or for lease) a rare two-building industrial property located at 39A & 39B Industrial Park Road (Plains Road).
The two-building site offers a unique opportunity for both investors and users with 39B delivered vacant, and 39A occupied by a strong tenant in American Cruise Lines, Inc. with multiple years left on their term.
Positioned with convenient access to Route 9, I-95, and the Connecticut shoreline, this unique availability combines stable income with immediate leasing potential in a historically supply-constrained submarket.
While 39A is leased to a sole-occupant in American Cruise Lines, Inc. - which provides incoming buyers with strong and stable tenancy - the adjacent building in 39B is immediately available for lease and offers functional industrial/warehouse space ideal for a variety of industrial uses.
With very limited industrial availability in the area, this portfolio presents a rare opportunity to secure functional space and/or ownership.
The two-building site offers a unique opportunity for both investors and users with 39B delivered vacant, and 39A occupied by a strong tenant in American Cruise Lines, Inc. with multiple years left on their term.
Positioned with convenient access to Route 9, I-95, and the Connecticut shoreline, this unique availability combines stable income with immediate leasing potential in a historically supply-constrained submarket.
While 39A is leased to a sole-occupant in American Cruise Lines, Inc. - which provides incoming buyers with strong and stable tenancy - the adjacent building in 39B is immediately available for lease and offers functional industrial/warehouse space ideal for a variety of industrial uses.
With very limited industrial availability in the area, this portfolio presents a rare opportunity to secure functional space and/or ownership.
Property Facts
| Price | $5,400,000 | Number of Properties | 2 |
| Price / SF | $84.38 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 64,000 SF |
| Status | Active | Total Land Area | 8.00 AC |
| Price | $5,400,000 |
| Price / SF | $84.38 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 64,000 SF |
| Total Land Area | 8.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 39A Plains Rd, Essex, CT 06426 | Industrial | 40,000 SF | 1988 | - |
| 39B Plains Rd, Essex, CT 06426 | Industrial | 24,000 SF | 1990 | - |
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39A & 39B Industrial Park Rd
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