Multi-Tenant Industrial Investment
For Sale
Contact for pricing
Pending
8 Herman Dr, Simsbury, CT 06070
Stabilized, fully occupied industrial property with long-term tenants.
Property Size25,979 SF
Days on Market184
Property Features for 8 Herman Dr
General Information
Standard status
Pending
Size
25,979 SF
Total Parking Spaces
50
Property subtype
Industrial
Zoning
I-1
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Building Details
Year Built
1985
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Marcus & Millichap - New Haven
(203) 672-3300
Listed By:
Maria DeAngelis · License #CT RES.0807196
Source:
Crexi
Added: Feb 18
Changed: Aug 8
Last Checked: Jul 24 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - New Haven
Investment Insights
Based on property information with market context.
The property at 8 Herman Drive is a multi-tenant industrial building featuring three separately leased units. The building is fully occupied by long-term tenants with an established operating history. Designed for light industrial use, the building includes individually accessible units, six overhead doors, and a fully sprinklered interior. The property is served by a flat commercial roof with a 60-mil reinforced TPO membrane, installed recently according to owner and assessor records. The site benefits from a functional industrial layout and is served by on-site well water and septic, consistent with similar properties in the area. Its location near Simsbury Airport provides convenient access to the Farmington Valley and surrounding regional markets.
Key Highlights
- Stabilized multi‑tenant industrial investment generating $105,210 Net Operating Income.
- Fully occupied by long‑term tenants with established operating history.
- Below‑market rental rates offer potential for increased income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 06070, CT
15,658
Population
5,899
Households
2.7
Avg Household Size
44
Median Age
69%
College-Educated
98%
High-School Grad
22.8 sq mi
ZIP Area
687
Density / Sq Mi
$159,797
Median Household Income
$85,903
Median Earnings
$1,967
Median Rent
$414,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Stabilized, fully occupied industrial property with long-term tenants.
Where is this industrial property located?
The property is located at 8 Herman Dr Simsbury, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Stabilized multi‑tenant industrial investment generating $105,210 Net Operating Income.; Fully occupied by long‑term tenants with established operating history.; Below‑market rental rates offer potential for increased income.
