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9 Business Park Dr 8,816 SF Flex Condo Unit Offered at $1,797,250 CAD in Branford, CT 06405
PROPERTY FACTS
| Total Building Size | 20,250 SF | Typical Floor Size | 20,250 SF |
| Property Type | Office (Condo) | Year Built | 1980 |
| Building Class | C | Lot Size | 5.00 AC |
| Floors | 1 | Parking Ratio | 2.81/1,000 SF |
| Zoning | IG-2 - Business | ||
| Total Building Size | 20,250 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 20,250 SF |
| Year Built | 1980 |
| Lot Size | 5.00 AC |
| Parking Ratio | 2.81/1,000 SF |
| Zoning | IG-2 - Business |
AMENITIES
- Bus Line
- Security System
- Air Conditioning
1 UNIT AVAILABLE
Unit 5-12
| Unit Size | 8,816 SF | Sale Type | Investment or Owner User |
| Price | $1,797,250 CAD | Cap Rate | 3.46% |
| Price Per SF | $203.86 CAD | NOI | $62,212.50 CAD |
| Condo Use | Flex |
| Unit Size | 8,816 SF |
| Price | $1,797,250 CAD |
| Price Per SF | $203.86 CAD |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.46% |
| NOI | $62,212.50 CAD |
DESCRIPTION
9 Business Park Drive is located just off I-95, exit 56 with highway visibility. For sale is units 5 -12 of Office/Flex space. Fully air-conditioned. Roof was replaced and parking lot renovated with the last few years. Building is in excellent condition. Units can be purchased as an investment or for occupancy by buyer. Operating expenses include payment of loan (10 years remaining) to cover roof and parking lot replacement.
SALE NOTES
Great long term investment with new roof and parking lot loan paid off in 10 years.
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