Catylist ID:
#28219298
| Catylist Listing ID: | 28219298 |
| Property Subtypes: | Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution, General |
| Contiguous Space: | 7,445 SF |
| Building Size (RSF): | 24,500 SF |
| Gross Land Area: | 2.30 Acres |
| Lease Rate: |
$6.95 PSF (Annual) |
| Base Monthly Rent: | $4,311 |
| Lease Types: | NNN |
| Ceiling: | 14 - 16 ft. |
| Docks/Doors: | 1 Dock |
| Core Factor: | 8% |
| Last Updated: | 7/20/2020 |
Overview / Comments
|
Sale or Lease: This industrial / office building is located only a minute from Exit 10 of Interstate I-84 in Newtown CT. The location is convenient to numerous restaurants, cleaners, banks, the Post Office, gas stations and other services. The property is zoned M-5 allowing a wide range of office and industrial uses. The building is provided with 55 parking spaces, is nicely landscaped, and has 1200 Amps of 110-208 volt 3-phase power. The property is serviced by Town water, Town sewer, municipal gas, full HVAC, and fully sprinklered. Ceiling heights are 14' and 15’. 24-hour access to the property. There is one remaining space available for lease. The space has a total of 7,450 s.f. with 2,000 s.f. of office and access to common bathrooms and a loading dock. On site management is available for security and the quick resolution of Tenant issues. The Landlord is offering 5-year leases. The space is available for lease at $6.95 s.f. NNN with the costs of the nets estimated at $3.50 s.f. The property is available for sale at $1,975,000. There is the possibility of a sale-lease back agreement with the Seller for 10,000 s.f. and a new lease was just signed and put in place for another 8,450 s.f. Call J. Michael Struna at 203-733-1290 or Chris Cosio at 203-524-8635 to discuss your investment or industrial space needs and to make an appointment to tour the building today. |
Attachments & Media
Expand All Available Space
| Suite: Unit #2 | 7,445 SF | $6.95 PSF (Annual) NNN |
| Level/Floor: | 1st | |
| Space Available: | 7,445 SF | |
| Lease Rate: |
$6.95 PSF (Annual) $4,311 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | Sale or Lease: This industrial / office building is located only a minute from Exit 10 of Interstate I-84 in Newtown CT. The location is convenient to numerous restaurants, cleaners, banks, the Post Office, gas stations and other services. The property is zoned M-5 allowing a wide range of office and industrial uses. The building is provided with 55 parking spaces, is nicely landscaped, and has 1200 Amps of 110-208 volt 3-phase power. The property is serviced by Town water, Town sewer, municipal gas, full HVAC, and fully sprinklered. Ceiling heights are 14' and 15’. 24-hour access to the property.
There is one remaining space available for lease. The space has a total of 7,450 s.f. with 2,000 s.f. of office and access to common bathrooms and a loading dock. On site management is available for security and the quick resolution of Tenant issues. The Landlord is offering 5-year leases. The space is available for lease at $6.95 s.f. NNN with the costs of the nets estimated at $3.50 s.f. The property is available for sale at $1,975,000. There is the possibility of a sale-lease back agreement with the Seller for 10,000 s.f. and a new lease was just signed and put in place for another 8,450 s.f. Call J. Michael Struna at 203-733-1290 or Chris Cosio at 203-524-8635 to discuss your investment or industrial space needs and to make an appointment to tour the building today. |
|
| Space Subcategory: | Business Park, Research & Development | |
| Date Available: | 5/1/2020 | |
| Lease Term: | 60 Months | |
| Space Type: | Relet | |
| Parking Spaces | 55 | |
| CAM Expenses | $3.40 PSF (Annual) | |
| Rent Escalators | Step-Up Lease | |
| Rent Escalators Description | 3% per year | |
| Ceiling | 16 ft. / 14 ft. Clear | |
| Loading Docks | 1 | |
Additional Details
| Nearest MSA: | Bridgeport-Stamford-Norwalk |
| County: | Fairfield |
| Taxing Authority: | Town of Newtown |
| Tax ID/APN: | 38-1-8-4A |
| Zoning: | M-5 |
| Market Type: | Small |
| Side of Street: | North |
| Road Type: | Paved, 2-Track, Highway, Highway Interchange |
| Transportation: | Bus, Highway, Taxi |
| Highway Access: | I-84 at Exit 10 |
| Airports: | Danbury Municipal airport and Oxford Airport within 10 miles. |
| Site Description: | Level |
| Area Description: | Newtown industrial and business park. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 1973 |
| Year Renovated: | 2015 |
| Roof Type: | Flat |
| Construction/Siding: | Brick, Steel Frame |
| Exterior Description: | Architectual block. |
| Parking Type: | Surface |
| Parking Description: | Paved level lot and free of charge |
| Total Parking Spaces: | 55 |
| Sprinklers: | Wet |
| Amps: | 1,200 |
| Volts: | 440 |
| X-Phase: | 3 |
| Heat Type: | Natural Gas |
| Heat Source: | Central, Ceiling Units, Heat Pump |
| Air Conditioning: | Package Unit |
| Lighting: | Fluorescent |
| Internet Access: | Cable, DSL |
| Interior Description: | Building fitout with some office and some industiral space. |
| Zoning Description: | M-5 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 746 | 18,248 | 45,300 |
| Median Age: | 43.65 | 42.8 | 43.96 |
| Households: | 270 | 6,387 | 16,004 |
Contact
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