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United Site Services 44 Tabor Dr 3,200 SF Industrial Building Branford, CT 06405 $879,430 CAD ($274.82 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 1 Year Remaining | Options to Extend | Established Brand | New Roof | 24-Year Operating History
- Interstate 95 | Strong National/Credit Tenant Presence | Nearby School
- Recent Improvements: New roof in 2023 with a 20-year transferable warranty, New Paint 2023, Lot Repairs 2023
- NN+ | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
EXECUTIVE SUMMARY
The subject property is located just off of State Hwy 146 which averages 9,100 VPD. The site benefits from nearby direct on/off ramp access to Interstate 95, a major thoroughfare that averages 75,100 vehicles passing by daily. The asset is in close proximity to multiple national/credit tenants including Exxon, Dunkin’, Walgreens, Holiday Inn Express, Motel 6, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. Furthermore, the site is in close proximity to Francis Walsh Intermediate School (767 students), further increasing consumer traffic to the immediate trade area. The 5-mile trade area is supported by a population of over 75,000 and 28,000 employees, providing a direct consumer base from which to draw. Residents within a
1-mile radius of the subject property boast an affluent average household income of $136,107.
1-mile radius of the subject property boast an affluent average household income of $136,107.
PROPERTY FACTS
| Price | $879,430 CAD | Lot Size | 1.87 AC |
| Price Per SF | $274.82 CAD | Rentable Building Area | 3,200 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8% | Year Built | 1984 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.75/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | IG2 - Industrial | ||
| Price | $879,430 CAD |
| Price Per SF | $274.82 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.87 AC |
| Rentable Building Area | 3,200 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 3.75/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | IG2 - Industrial |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | BRAN-000008F-000008-000003 | Improvements Assessment | $164,393 CAD |
| Land Assessment | $408,626 CAD | Total Assessment | $573,019 CAD |
PROPERTY TAXES
Parcel Number
BRAN-000008F-000008-000003
Land Assessment
$408,626 CAD
Improvements Assessment
$164,393 CAD
Total Assessment
$573,019 CAD
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United Site Services | 44 Tabor Dr
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