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5 Silver St 2,275 SF Industrial Building Norwalk, CT 06850 $1,309,413 CAD ($575.57 CAD/SF) 4.70% Cap Rate

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EXECUTIVE SUMMARY

SALE PRICE: $950,000
CAP RATE: 4.7%
BUILDING SIZE: 2,275 SF
LEASE TYPE: Triple-Net (NNN)
LEASE TERM: Through 12/31/2029
ANNUAL INCOME: $44,400 (NNN)
Property Highlights:
NNN lease in place – minimal landlord responsibilities
10 ft overhead door
10 ft clear height under beams (added height in between)
Stable income stream through 2029
Desirable Norwalk light industrial location with easy access to Route 7
WHY INVEST
? Strong tenant in place
? Predictable cash flow
? Excellent long-term hold
Bring all offers!

PROPERTY FACTS

Price $1,309,413 CAD
Price Per SF $575.57 CAD
Sale Type Investment NNN
Cap Rate 4.70%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • Showroom
Building Class C
Lot Size 0.13 AC
Rentable Building Area 2,275 SF
No. Stories 1
Year Built 1948
Tenancy Single
Parking Ratio 5.71/1,000 SF
Clear Ceiling Height 10’
No. Drive In / Grade-Level Doors 1
Zoning SD-LI - SD-LI

AMENITIES

  • Security System
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NORW-000005-000042-000038
Land Assessment
$224,587 CAD
Improvements Assessment
$120,216 CAD
Total Assessment
$344,803 CAD
  • Listing ID: 37022536

  • Date on Market: 2025-07-30

  • Last Updated:

  • Address: 5 Silver St, Norwalk, CT 06850

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