980 Stanley St 7,490 SF Industrial Building New Britain, CT 06051 $1,250,000 ($166.89/SF) 6.29% Cap Rate

This 7,490 SQFT warehouse is built to take a beating and last, featuring high-strength steel construction framing, a metal roof and metal siding, concrete walls, and bumper stoppers on all walls to protect vehicles—all with zero deferred maintenance. Access is provided by two oversized garage doors: one oversized for both height and width, and a second side door oversized for width. Inside, the property includes a finished executive office, a newly updated bathroom, a storage room, and a laundry room, along with over 30 interior parking spaces, polished concrete floors with an advanced built-in drainage system, an advanced interior heating system, and high-grade insulation on the walls and ceilings. Security is comprehensive, with a high-tech surveillance camera system and fire, carbon monoxide, and burglary alarms. A newly installed high-end energy efficiency system — including LED lighting and efficient electric meters — keeps occupant electricity bills and overall operating expenses extremely low for both tenant and owner. The property also offers a newly renovated parking lot with metal gutters, excellent street visibility with a high daily vehicle traffic count ideal for advertising exposure, and vacant land behind the building that allows for storage expansion, solar installation, or an expanded outdoor common area for tenants. Utilities include city water and city sewer plus city gas. VPD 12,300 24/7 keyless key pad entry access on both doors. All new mechanicals. PRO FORMA INCOME 18.44%