For Sale
$2,990,000

16 Beaver Brook RdDanbury, CT 06810

Multi-tenant flex space, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 25,404 square foot multi-tenant industrial building situated on a 1.75-acre lot in Danbury, Connecticut. The property, located at 16 Beaver Brook Rd, boasts a desirable Class C designation and is currently 100% occupied, generating a strong 6.00% cap rate. The asking price is $2,990,000, translating to $129.90 per square foot. The building features a mix of flex, R&D, and warehouse space, catering to a diverse range of industrial uses. The property includes five units within a single, two-story building, zoned IL-40. Key features include 14'-17' ceiling heights, two dock-high doors, and one loading dock. The owner currently occupies 10,800 square feet of the upper level, which could be vacated for a buyer seeking more space. This area includes approximately 2,000 square feet of air-conditioned office space and a mezzanine for additional storage. Three tenants occupy the lower level, each with their own drive-in doors and ample parking. Adding to the investment potential, a three-bedroom house on the property is currently leased. Annual property taxes are $26,282. This property is ideal for owner-occupancy with rental income potential, offering a compelling combination of immediate cash flow and long-term growth prospects. The central Danbury location provides easy access to major transportation routes and a robust workforce. This is a rare opportunity to acquire a well-maintained, fully occupied industrial property with significant upside potential.

Highlights

  • 25,404 SF multi-tenant industrial building on a 1.75-acre lot in Danbury, CT.
  • 100% occupied, generating a 6.00% cap rate; asking price: $2,990,000 ($129.90/SF).
  • Class C building with a mix of flex, R&D, and warehouse space; five units in a two-story building (IL-40 zoning).
  • Features 14'-17' ceiling heights, two dock-high doors, one loading dock, and ample parking.
  • Includes a leased three-bedroom house and owner-occupied upper level (10,800 SF, potentially vacant).
  • Annual property taxes: $26,282.

Property Details for 16 Beaver Brook Rd

Property type
Warehouses, Life science properties
Square Feet
25,404 SF
Class
C
Buildings
1
Stories
2
Lot Size (sq. ft)
76,230 SF
Units
5

Location Insight

City
Danbury
County
Fairfield
State
Connecticut
Latitude
41.4014889
Longitude
-73.4309583
16 Beaver Brook Rd, Danbury, Connecticut

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16 Beaver Brook Rd
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