Hollow Brook Commons-Retail Flex-NNN Lease | 39 Nott Hwy
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Hollow Brook Commons-Retail Flex-NNN Lease 39 Nott Hwy
35,018 SF 100% Leased Retail Building Ashford, CT 06278 $3,107,811 CAD ($89 CAD/SF) 9.20% Cap Rate
Investment Highlights
- Major Industrial Anchor tenant 26255 FS NNN Lease
- Long term current retail /office tenant mix with NNN leases
- 1031 Exchange Investor Ready - Income producing transfer property
- Heavily traveled State Highway
Executive Summary
Turn-Key Triple Net Lease - Income producing Hollow Brook Commons Situated on 6.4 Acres in Ashford CT is the headquarters of Pith Products
(Anchor Tenant) Hollow Brook Commons 39 Nott Hwy. This 35018 SF Industrial Flex was built in 2009 is currently investment opportunity for
sale . Perfect transfer property for a 1031exchange Investor or New venture portfolio expansion. The shopping Center/Commercial/Office space
is currently occupied with 4- tenants all with 5-year triple Net leases. This property features Central A/C, 139 KW Green Solar Energy Efficient
radiant heat with propane gas back-up, Auxiliary boiler, security system and a wet sprinkler system. The office/retail space can be reconfigured
to accommodate up to 8 total spaces making it flexible for a possible future tenant mix. Located on the Rt 101-Rt44 to Rt 74 connector to I84,
this is a heavily traveled route from RI to Hartford. Please plan to provide proof of funds or letter of credit prior to property tour.
(Anchor Tenant) Hollow Brook Commons 39 Nott Hwy. This 35018 SF Industrial Flex was built in 2009 is currently investment opportunity for
sale . Perfect transfer property for a 1031exchange Investor or New venture portfolio expansion. The shopping Center/Commercial/Office space
is currently occupied with 4- tenants all with 5-year triple Net leases. This property features Central A/C, 139 KW Green Solar Energy Efficient
radiant heat with propane gas back-up, Auxiliary boiler, security system and a wet sprinkler system. The office/retail space can be reconfigured
to accommodate up to 8 total spaces making it flexible for a possible future tenant mix. Located on the Rt 101-Rt44 to Rt 74 connector to I84,
this is a heavily traveled route from RI to Hartford. Please plan to provide proof of funds or letter of credit prior to property tour.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
35,018 SF
Building Class
C
Year Built
2009
Price
$3,107,811 CAD
Price Per SF
$89 CAD
Cap Rate
9.20%
NOI
$286,013 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
5 Exterior
Building FAR
0.12
Lot Size
6.50 AC
Zoning
C - Commercial
Parking
40 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
732 ft on Nott Hwy
Amenities
- Tenant Controlled HVAC
1 of 39
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Hollow Brook Commons-Retail Flex-NNN Lease | 39 Nott Hwy
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