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Hollow Brook Commons-Retail Flex-NNN Lease 39 Nott Hwy

35,018 SF 100% Leased Retail Building Ashford, CT 06278 £2,266,947 (£65/SF) 9.20% Net Initial Yield

Investment Highlights

  • Major Industrial Anchor tenant 26255 FS NNN Lease
  • Long term current retail /office tenant mix with NNN leases
  • 1031 Exchange Investor Ready - Income producing transfer property
  • Heavily traveled State Highway

Executive Summary

Turn-Key Triple Net Lease - Income producing Hollow Brook Commons Situated on 6.4 Acres in Ashford CT is the headquarters of Pith Products
(Anchor Tenant) Hollow Brook Commons 39 Nott Hwy. This 35018 SF Industrial Flex was built in 2009 is currently investment opportunity for
sale . Perfect transfer property for a 1031exchange Investor or New venture portfolio expansion. The shopping Center/Commercial/Office space
is currently occupied with 4- tenants all with 5-year triple Net leases. This property features Central A/C, 139 KW Green Solar Energy Efficient
radiant heat with propane gas back-up, Auxiliary boiler, security system and a wet sprinkler system. The office/retail space can be reconfigured
to accommodate up to 8 total spaces making it flexible for a possible future tenant mix. Located on the Rt 101-Rt44 to Rt 74 connector to I84,
this is a heavily traveled route from RI to Hartford. Please plan to provide proof of funds or letter of credit prior to property tour.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
35,018 SF
Building Class
C
Year Built
2009
Price
£2,266,947
Price Per SF
£65
Net Initial Yield
9.20%
NOI
£208,628
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Loading Docks
5 Exterior
Building FAR
0.12
Lot Size
6.50 AC
Zoning
C - Commercial
Parking
40 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
732 ft on Nott Hwy

Amenities

  • Tenant Controlled HVAC
  • Listing ID: 34224711

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 39 Nott Hwy, Ashford, CT 06278

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