For Lease
$12/SF/YR

43 Grant St Stratford, CT 06615

3,000 SF Single-Tenant Warehouse

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a 3,000 square foot single-tenant warehouse located at 43 Grant Street. The property is currently under a three-year lease with a renewal option, structured as a NNN lease. Rent escalates annually: Year 1 is $3,500 per month plus taxes, insurance, utilities, and maintenance; Year 2 increases to $3,635 per month; and Year 3 reaches $3,775 per month. Tenant responsibility includes property insurance (currently $2,587 annually), real estate property taxes (currently $7,966 annually), and alarm monitoring ($816 annually). Utilities (electricity, gas, water, internet, and phone) are not included in the lease. Building contents insurance is the tenant's responsibility. The property includes convenient features such as door access control (FOB key) and gated parking for cars and trucks. The estimated date for tenant occupancy is August 1st (exact date to be determined). This is a strong, stable investment with a proven tenant and predictable income stream. The property offers a straightforward and attractive return for investors seeking a low-maintenance, industrial asset. The lease terms provide a clear path for future income growth and stability. This is a turnkey investment ready for immediate income generation.

Highlights

  • 3,000 sq. ft. single-tenant warehouse.
  • Three-year lease with renewal option; NNN lease structure.
  • Annual rent escalates: Year 1: $42,000; Year 2: $43,620; Year 3: $45,300.
  • Tenant pays property insurance ($2,587 annually), property taxes ($7,966 annually), and alarm monitoring ($816 annually).
  • Utilities are not included.
  • Building includes FOB key access and gated parking.

Property Details for 43 Grant St

Property type
Warehouses, Industrial properties
RSF (Rentable sq. ft)
3,000 SF

Unit(s) available at that property

Space
Size
3,000 SF
Rate per SF
$12

Location Insight

City
Stratford
County
Fairfield
State
Connecticut
Latitude
41.185444670267
Longitude
-73.15126453213

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FAQs

What type of property is this?
Warehouse - 3,000 SF Single-Tenant Warehouse
Where is the warehouse located?
The property is located at 43 Grant St Stratford, CT.
What is the lease rate?
The lease rate is $12/SF/YR.
What are key features of this property?
This property features: 3,000 sq. ft. single-tenant warehouse.; Three-year lease with renewal option; NNN lease structure.; Annual rent escalates: Year 1: $42,000; Year 2: $43,620; Year 3: $45,300.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Raymond Martin
Raymond Martin
Visit Broker Website

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Grant St
Stratford, CT 06615

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Stratford, CT 06615

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

43 Grant St
  • Raymond Martin
    Raymond Martin
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