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Industrial Portfolio 2 Flex Properties Offered at $9,000,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Both properties will be fully occupied with an estimated NOI of $645,812.
- Both buildings are strategically located near Bradley International Airport & Interstate 91.
- Both buildings have been renovated and maintained.
- Both buildings are highly functional for a variety of industrial users.
EXECUTIVE SUMMARY
Sentry Commercial is pleased to present an exceptional industrial portfolio investment opportunity, featuring 90 Lamberton Road in Windsor, CT and 17 Connecticut South Drive in East Granby, CT. Together, these properties offer a combined 78,474 square feet of industrial space situated on 10.63 acres. Both properties are occupied by subsidiaries of Joining Industries, Inc., which will retain occupancy through a long-term sale-leaseback arrangement upon acquisition. 90
Lamberton Road is a single-tenant facility designed for precision industrial use, while 17 Connecticut South Drive is a multitenant building, with one unit occupied by a national daycare operator, enhancing tenant diversification. Both properties feature multiple loading bays, industrial zoning, excellent highway access, and flexible configurations suitable for a variety of industrial users. The current owner-user has completed significant renovations within the past three years to ensure the
properties meet modern industrial standards. The seller, a long-standing Connecticut-based operator with decades of experience, will lease back the properties under a minimum 10-year term. The projected 2025 Net Operating Income (NOI) for the portfolio is estimated at $645,812.
Lamberton Road is a single-tenant facility designed for precision industrial use, while 17 Connecticut South Drive is a multitenant building, with one unit occupied by a national daycare operator, enhancing tenant diversification. Both properties feature multiple loading bays, industrial zoning, excellent highway access, and flexible configurations suitable for a variety of industrial users. The current owner-user has completed significant renovations within the past three years to ensure the
properties meet modern industrial standards. The seller, a long-standing Connecticut-based operator with decades of experience, will lease back the properties under a minimum 10-year term. The projected 2025 Net Operating Income (NOI) for the portfolio is estimated at $645,812.
PROPERTY FACTS
| Price | $9,000,000 | Number of Properties | 2 |
| Price / SF | $114.69 / SF | Individually For Sale | 0 |
| Cap Rate | 7.18% | Total Building Size | 78,474 SF |
| Sale Type | Investment | Total Land Area | 10.63 AC |
| Status | Active |
| Price | $9,000,000 |
| Price / SF | $114.69 / SF |
| Cap Rate | 7.18% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 78,474 SF |
| Total Land Area | 10.63 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Newgate One
17 Connecticut South Dr, East Granby, CT 06026 |
Flex | 45,110 SF | 1987 | - |
| 90 Lamberton Rd, Windsor, CT 06095 | Flex | 33,364 SF | 1968 | - |
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Industrial Portfolio
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