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5 Silver St 2,275 SF Industrial Building Norwalk, CT 06850 $950,000 ($417.58/SF) 4.70% Cap Rate
Executive Summary
SALE PRICE: $950,000
CAP RATE: 4.7%
BUILDING SIZE: 2,275 SF
LEASE TYPE: Triple-Net (NNN)
LEASE TERM: Through 12/31/2029
ANNUAL INCOME: $44,400 (NNN)
Property Highlights:
NNN lease in place – minimal landlord responsibilities
10 ft overhead door
10 ft clear height under beams (added height in between)
Stable income stream through 2029
Desirable Norwalk light industrial location with easy access to Route 7
WHY INVEST
? Strong tenant in place
? Predictable cash flow
? Excellent long-term hold
Bring all offers!
CAP RATE: 4.7%
BUILDING SIZE: 2,275 SF
LEASE TYPE: Triple-Net (NNN)
LEASE TERM: Through 12/31/2029
ANNUAL INCOME: $44,400 (NNN)
Property Highlights:
NNN lease in place – minimal landlord responsibilities
10 ft overhead door
10 ft clear height under beams (added height in between)
Stable income stream through 2029
Desirable Norwalk light industrial location with easy access to Route 7
WHY INVEST
? Strong tenant in place
? Predictable cash flow
? Excellent long-term hold
Bring all offers!
Property Facts
Amenities
- Security System
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | NORW-000005-000042-000038 | Improvements Assessment | $85,960 |
| Land Assessment | $160,590 | Total Assessment | $246,550 |
Property Taxes
Parcel Number
NORW-000005-000042-000038
Land Assessment
$160,590
Improvements Assessment
$85,960
Total Assessment
$246,550
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5 Silver St
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