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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
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

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
  • Listing ID: 39893379

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 243 Vergason Avenue Ext, Norwich, CT 06360

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