15 N Washington

Industrial for Sale
Catylist Listing ID: 30642798
Property Subtypes: Flex Space, Manufacturing, Light Industrial
Building Size (RSF): 38,000 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $35.53 PSF
Property Use Type: Investment
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Please contact the agent for more information about this listing.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $20,381 (Annual)
Tax Value Land $110,000
Assessed Value - Total($) $595,420 (Annual)
Potential Rental Income $156,000 (Annual)
Gross Operating Income $138,600 (Annual)
Net Operating Income $95,353 (Annual)
Actual or Proforma Year Actual

Current Tenants

Tenant Business Name ASC
Annual Revenue $84,000 (Annual)
SF of Space Occupied 27,000 SF
Current Rent $7,000 PSF (Annual)
Options 2, 2 year options
Tenant Notes Current Owner, wishes to lease back. Terms on lease are negotiable.
Tenant Business Name JAST
Is Renting? Yes
Annual Revenue $9,000 (Annual)
SF of Space Occupied 1,500 SF
Current Rent $750 PSF (Annual)
Tenant Business Name MON
Is Renting? Yes
Annual Revenue $9,000 (Annual)
SF of Space Occupied 750 SF
Current Rent $750 PSF (Annual)
Tenant Business Name TORQ
Is Renting? Yes
Annual Revenue $6,600 (Annual)
SF of Space Occupied 450 SF
Current Rent $550 PSF (Annual)
Tenant Business Name WHIT
Is Renting? Yes
SF of Space Occupied 7,500 SF
Current Rent $2,500 PSF (Annual)

Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Tax ID/APN: 25-F-29

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,082 57,892 165,213
Median Age: 41.82 42.05 40.68
Households: 4,131 24,874 67,212

Contact

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