For Sale
$5,295,000

14 Alcap Rdg Cromwell, CT 06416

106,600 SF Flex/Manufacturing Building, $5.3M

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 106,600-square-foot industrial property in Cromwell, Connecticut, presents a compelling owner-user or investment opportunity. The fully leased, multi-tenant building boasts a prime location, minutes from I-91, Route 9, and Route 372, offering easy access to major transportation arteries. Situated on a 6.4-acre lot, the property includes 185 parking spaces, recently expanded by the owner. Built in 1988 and extensively renovated in 2012, the two-story structure features energy-efficient upgrades to its electrical system, heating, air infiltration, and lighting. The building's functional design includes four loading docks and five drive-in doors, with ceiling heights ranging from 13 to 18 feet. The property is zoned for commercial and industrial use, making it suitable for a variety of businesses. Its central location between Hartford and New Haven provides convenient access to a robust workforce and ample amenities, including nearby restaurants and shopping. The asking price is $5,295,000, translating to $49.67 per square foot. This represents a strong investment opportunity in a thriving Connecticut market. The property is 100% occupied under a triple net lease (NNN) arrangement.

Highlights

  • 106,600 square foot building
  • Fully leased to high-quality tenants
  • Four loading docks and five drive-in doors
  • Clear heights ranging from 13 to 18 feet
  • Ample parking with 185 spaces
  • Located in a commercial/industrial zone

Property Details for 14 Alcap Rdg

Property type
Industrial properties, Manufacturing properties
Square Feet
106,600 SF
Year Built/Renovated
1988/2012
Buildings
1
Stories
2
Lot Size (sq. ft)
278,784 SF

Location Insight

City
Cromwell
County
Middlesex
State
Connecticut
Latitude
41.610431788737
Longitude
-72.71050215205

FAQs

What type of property is this?
Industrial property - 106,600 SF Flex/Manufacturing Building, $5.3M
Where is the industrial property located?
The property is located at 14 Alcap Rdg Cromwell, CT.
What is the asking price?
The asking price for this property is $5,295,000.
What are key features of this property?
This property features: 106,600 square foot building; Fully leased to high-quality tenants; Four loading docks and five drive-in doors
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.
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14 Alcap Rdg
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