2 Fox Hollow Rd 29,771 SF Industrial Building Oxford, CT 06478 $7,914,335 CAD ($265.84 CAD/SF) 6.55% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Triple Net (NNN) Lease
- 2012 Construction
- Rental Increases every 5 years based on CPI
- Corporate Guarantee
- 11 Years remaining on the lease
- Caters to Resilient and Growing Industries of Aerospace and Semiconductors
EXECUTIVE SUMMARY
Northeast Private Client Group is pleased to exclusively present for sale 2 Fox Hollow Road, a Single Tenant Triple Net Leased Industrial Property, located in Oxford, Connecticut.
The site consists of a 29,771 square foot industrial building set on 6.5 acres of land. The tenant, Gen- El-Mec Associates, LLC, has entered into a 13-year lease with a triple-net (NNN) structure with 11 years remaining. The annual rent is $360,000 for the first 5 years and will be adjusted every 5 years based on CPI.
All interested and qualified parties will have the opportunity to obtain additional information and walk the premises upon request.
The site consists of a 29,771 square foot industrial building set on 6.5 acres of land. The tenant, Gen- El-Mec Associates, LLC, has entered into a 13-year lease with a triple-net (NNN) structure with 11 years remaining. The annual rent is $360,000 for the first 5 years and will be adjusted every 5 years based on CPI.
All interested and qualified parties will have the opportunity to obtain additional information and walk the premises upon request.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $7,914,335 CAD |
| Price Per SF | $265.84 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.55% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 6.50 AC |
| Rentable Building Area | 29,771 SF |
| No. Stories | 1 |
| Year Built | 2012 |
| Tenancy | Single |
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PROPERTY TAXES
| Parcel Number | OXFO-000025-000018-000004-000008R | Improvements Assessment | $1,889,407 CAD |
| Land Assessment | $352,850 CAD | Total Assessment | $2,242,257 CAD |
ZONING
| Zoning Code | IND |
