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427 Goshen Rd 28,147 SF Flex Building Torrington, CT 06790 $2,300,000 ($81.71/SF) 6.85% Cap Rate
Investment Highlights
- ±28,147 SF + mezzanine industrial / flex building with ±12,000 SF office space
- $157,500 NOI currently
- ±$500k investment in solar array with a 20-year, $50k annual return from Eversource
- 100% occupancy by one tenant (Bicron Electronics)
- Solar opportunity which is transferable to new ownership
- Tax benefits of solar to property owner
Property Facts
| Price | $2,300,000 | Rentable Building Area | 28,147 SF |
| Price Per SF | $81.71 | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1984/2016 |
| Cap Rate | 6.85% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.13/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 3 |
| Lot Size | 5.00 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | LB | ||
| Price | $2,300,000 |
| Price Per SF | $81.71 |
| Sale Type | Investment |
| Cap Rate | 6.85% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 5.00 AC |
| Rentable Building Area | 28,147 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2016 |
| Tenancy | Single |
| Parking Ratio | 2.13/1,000 SF |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | LB |
Amenities
- Fenced Lot
- Yard
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | TORR-000222-000001-000003 | Improvements Assessment | $954,660 |
| Land Assessment | $246,120 | Total Assessment | $1,200,780 |
Property Taxes
Parcel Number
TORR-000222-000001-000003
Land Assessment
$246,120
Improvements Assessment
$954,660
Total Assessment
$1,200,780
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427 Goshen Rd