91 Holmes Rd | Newington, CT 06111
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- LoopNet Team
91 Holmes Rd
Newington, CT 06111
WHITE CAP · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Functional Low-Coverage IOS Industrial Facility – This highly functional ±15,706 sq. ft. facility
- Recent Major Capital Expenditures – The current ownership just completed installing a brand new roof at this facility which has a 20-year warranty.
- Minimizing a landlord’s overall responsibilities and making this a very passive investment.
- Rare 3% Annual Increases – White Cap just recently renewed for another 5 years at this facility further portraying their long-term outlook.
- Leading North American distributor for professional contractors, currently operating at 450+ locations nationwide.
- Rare 3% annual increases starting in 2024, providing an investor with a strong hedge against inflation.
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1980/2001 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 5.63/1,000 SF |
| Lot Size | 1.63 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 15,706 SF | No. Dock-High Doors/Loading | 1 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.63 AC |
| Rentable Building Area | 15,706 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2001 |
| Tenancy | Single |
| Parking Ratio | 5.63/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I |
PROPERTY TAXES
| Parcel Number | NEWI-000003-000069-E000000 | Improvements Assessment | $737,410 |
| Land Assessment | $74,410 | Total Assessment | $811,820 |
PROPERTY TAXES
Parcel Number
NEWI-000003-000069-E000000
Land Assessment
$74,410
Improvements Assessment
$737,410
Total Assessment
$811,820
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