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Investment Highlights
- Credit Tenancy
- Strong Market Fundamentals
- Stable, Cash-Flowing Asset
- Desirable Industrial Location
- Mission-Critical Operations with Strategic Defense Ties
- Rare Outside Storage Capability on Excess Acreage
Executive Summary
Colliers has been exclusively retained to present the opportunity for qualified investors to acquire 243 Vergason Avenue in Norwich, Connecticut. 243 Vergason Avenue is a fully leased, institutional grade industrial asset located within the established Norwich Industrial Park in Norwich, Connecticut. The 57,100 SF facility is 100% occupied by two nationally recognized tenants—American Systems, a leading defense IT contractor, and SRS Distribution, a major building products distributor recently acquired by The Home Depot. Strategically positioned with direct access to I-395, Route 2 and Route 32, the property provides exceptional regional connectivity and supports mission-critical operations for both tenants.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1983/2025 |
| Property Subtype | Manufacturing | Parking Ratio | 6.18/1,000 SF |
| Building Class | B | Clear Ceiling Height | 24’ |
| Lot Size | 10.11 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 57,100 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | BP - Business Park (BP), Enterprise Zone | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 10.11 AC |
| Rentable Building Area | 57,100 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2025 |
| Parking Ratio | 6.18/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | BP - Business Park (BP), Enterprise Zone |
Amenities
- 24 Hour Access
- Mezzanine
- Security System
- Signage
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | NORW-000034-000001-000015 | Improvements Assessment | $1,887,625 CAD |
| Land Assessment | $700,980 CAD | Total Assessment | $2,588,605 CAD |
Property Taxes
Parcel Number
NORW-000034-000001-000015
Land Assessment
$700,980 CAD
Improvements Assessment
$1,887,625 CAD
Total Assessment
$2,588,605 CAD
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243 Vergason Avenue Ext
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