23 Ryan StStamford, CT 06907

Property Details for 23 Ryan St

Year built

2007

Construction

STEEL FRAME

Lot size

0.12 AC

Property size (Sq ft)

5,742 SF

Zone code

MG

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:002 B:4912

APU

STAMM002B4912

Description

This exceptional investment opportunity presents a 5,700 square foot, two-story industrial building with a ground-level basement in Stamford, Connecticut. Constructed in 2007, this property boasts a highly desirable location between the Merritt Parkway and I-95, ensuring excellent accessibility. The building features four garage bays, one currently vacant, and offers significant potential for increased revenue. All existing tenants are on triple net (NNN) leases, with CAM charges fully paid, including taxes, resulting in minimal management responsibilities. This translates to a substantial 7%+ capitalization rate, a testament to the property's strong cash flow. Beyond the main building, approximately 3,000 square feet of outdoor space provides ample parking and/or storage. The property's multi-tenant structure, with thoroughly vetted tenants on multi-year leases, minimizes vacancy risk and ensures consistent income. This is a rare opportunity to acquire a well-maintained, high-performing industrial property in a prime Stamford location. The vacant garage bay presents immediate potential for increased income, while the existing tenants provide a stable foundation for long-term growth. Don't miss this chance to secure a lucrative investment with significant upside. The property is located at 23 Ryan St, Stamford, CT 06907.

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0953

Longitude

-73.5167

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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