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219 & 239 West Service Road, Hartford, CT 219-239 W Service Rd 425,294 SF Industrial Building Hartford, CT 06120 $48,716,276 CAD ($114.55 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Below Market Rents
- Credit Tenant & Subtenant - Recession Resistant Business
- Mission Critical Facility
- Central Hartford Location
- High Quality Facility with Huge Tenant Investment
- Well Below Replacement Cost
Executive Summary
TWO INVESTMENT POSSIBILITIES
This offering can be purchased in one of two ways, whichever fits the
investor best:
1. “Traditional” single tenant net leased (STNL) income stream (credit tenant)
2. “Zero Cash Flow” (Zero) Investment with assumable financing, and
the paydown readvance feature
This offering can be purchased in one of two ways, whichever fits the
investor best:
1. “Traditional” single tenant net leased (STNL) income stream (credit tenant)
2. “Zero Cash Flow” (Zero) Investment with assumable financing, and
the paydown readvance feature
Property Facts
| Price | $48,716,276 CAD | Rentable Building Area | 425,294 SF |
| Price Per SF | $114.55 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1967/2009 |
| Cap Rate | 6.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.37/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 36’ |
| Building Class | B | No. Dock-High Doors/Loading | 16 |
| Lot Size | 25.99 AC | No. Drive In / Grade-Level Doors | 8 |
| Zoning | ID-1 - Industrial | ||
| Price | $48,716,276 CAD |
| Price Per SF | $114.55 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 25.99 AC |
| Rentable Building Area | 425,294 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1967/2009 |
| Tenancy | Single |
| Parking Ratio | 0.37/1,000 SF |
| Clear Ceiling Height | 36’ |
| No. Dock-High Doors/Loading | 16 |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | ID-1 - Industrial |
Amenities
- Bus Line
- Fenced Lot
- Signage
- Yard
Utilities
- Gas - Natural
- Water - City
- Sewer - City
Property Taxes
| Parcel Number | HTFD-000305-000075-000007 | Improvements Assessment | $12,130,395 CAD |
| Land Assessment | $4,932,438 CAD | Total Assessment | $17,062,833 CAD |
Property Taxes
Parcel Number
HTFD-000305-000075-000007
Land Assessment
$4,932,438 CAD
Improvements Assessment
$12,130,395 CAD
Total Assessment
$17,062,833 CAD
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219 & 239 West Service Road, Hartford, CT | 219-239 W Service Rd
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