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2 Morse Rd

33,000 SF 100% Leased Industrial Building Oxford, CT 06478 £2,545,664 (£77/SF) 9% Net Initial Yield

Investment Highlights

  • This is a leased investment property in excellent condition.
  • Property is leased to long established business and ownership.

Executive Summary

Leased Investment Property
33,000 s/f Office/Industrial Flex Facility
Modern Building in Excellent Condition
Leased to Long Established Business & Ownership
Located on 3.96 acres with room for expansion
2 Adjacent Industrial Lots Available (7.3 acres)
Net Operating Income of $288,000.00
Offered at: $3,200,000.00

Property Facts

Price £2,545,664
Price Per SF £77
Sale Type Investment
Net Initial Yield 9%
Property Type Industrial
Property Subtype Warehouse
Lot Size 3.96 AC
Rentable Building Area 33,000 SF
Number of Floors 3
Year Built 1988

Utilities

  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
OXFO-000018-000032-000006-A000000-2
Land Assessment
£238,179
Improvements Assessment
£1,057,326
Total Assessment
£1,295,504

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 29657141

  • Date on Market: 29/09/2023

  • Last Updated:

  • Address: 2 Morse Rd, Oxford, CT 06478

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