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9 Business Park Dr

8,816 SF Light Industrial Unit Offered at £1,017,185 in Branford, CT 06405

Property Facts

Price £1,017,185
Unit Size 8,816 SF
No. Units 1
Total Building Size 20,250 SF
Property Type Office (Unit)
Sale Type Investment or Owner User
Building Class C
Number of Floors 1
Typical Floor Size 20,250 SF
Year Built 1980
Lot Size 5.00 AC
Parking Ratio 2.81/1,000 SF

1 Unit Available

Unit 5-12

Unit Size 8,816 SF
Price £1,017,185
Price Per SF £115.38
Unit Use Light Industrial
Sale Type Investment or Owner User
Net Initial Yield 3.46%
NOI £35,210.25
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.

Amenities

  • Bus Route
  • Security System
  • Air Conditioning

zoning

Zoning Code IG-2
IG-2
  • Listing ID: 33153145

  • Date on Market: 12/09/2024

  • Last Updated:

  • Address: 9 Business Park Dr, Branford, CT 06405

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