For Sale
$1,414,362
125 Benson Rd Middlebury, CT 06762
16,000 SF Warehouse, NNN Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 16,000 SF industrial warehouse on a 1.94-acre lot in Middlebury, CT, near I-84.
- Triple-net (NNN) lease with approximately one year remaining; no renewal options.
- Below market rent and below replacement cost.
- $1,414,362 asking price, representing an 8.24% cap rate and $88.40/SF.
- 100% occupancy with a current NOI of $116,543.
- Built in 1983, featuring 20' ceilings, one dock-high door, and 15 parking spaces.
Property Details for 125 Benson Rd
- Property type
- Warehouses, Industrial properties
- Square Feet
- 16,000 SF
- Year Built
- 1983
- Buildings
- 1
- Lot Size (sq. ft)
- 84,506 SF
- Units
- 1
Location Insight
- City
- Middlebury
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.506289
- Longitude
- -73.1542819
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 16,000 SF Warehouse, NNN Lease
- Where is the warehouse located?
- The property is located at 125 Benson Rd Middlebury, CT.
- What is the asking price?
- The asking price for this property is $1,414,362.
- What are key features of this property?
- This property features: 16,000 SF industrial warehouse on a 1.94-acre lot in Middlebury, CT, near I-84.; Triple-net (NNN) lease with approximately one year remaining; no renewal options.; Below market rent and below replacement cost.
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