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    6 Benson Rd Oxford, CT 06478

    For Sale
    $1,886,000

    High-yield industrial investment opportunity.

    Property size:
    22,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This fully leased, 22,600-square-foot industrial distribution building in Oxford, Connecticut, presents a compelling investment opportunity. Situated on a 4.07-acre lot, the property boasts a strong tenant roster, including Fox Pest Control, Paragon Sign, and JM Products, with leases generating a substantial net operating income (NOI) of $150,870. The building features a 14-17 foot ceiling height and includes approximately 2,000 square feet of office space. Current leases demonstrate a healthy mix of rental rates, ranging from $8.80 to $12.20 per square foot, with several tenants already expressing intentions to renew their leases. The property benefits from a highly desirable 8.00% cap rate and is conveniently located just 1.5 miles from I-84 exit 16, providing excellent access to major transportation routes. The property is zoned for industrial use and utilities are separately metered, with tenants responsible for their own dumpster fees. Landlord responsibilities include property taxes, insurance, and building maintenance. This is a rare opportunity to acquire a stable, high-performing industrial asset with significant upside potential. The property's strong tenant base, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio.

    Property Features for 6 Benson Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    22,600 SF
    Lot Size
    177,289 SF

    HighLights

    • Fully leased 22,600 SF industrial building with 2,000 SF office on 4.07 acres in Oxford, CT.
    • Strong tenant roster including Fox Pest Control, Paragon Sign, and JM Products.
    • $150,870 annual NOI.
    • 8% cap rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paragon Signs & Graphics ... Sign Shop J M Products Machine Shop Fox Pest Control Pest Control Service Aptex Corporation Manufacturer

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Kitchen & Bath Garden Center Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.141083627415
    Latitude
    41.48708000867

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    FAQs

    What type of property is this?
    Distribution property - High-yield industrial investment opportunity.
    Where is this distribution property located?
    The property is located at 6 Benson Rd Oxford, CT.
    What is the asking price?
    The asking price for this property is $1,886,000.
    What are key features of this property?
    This property features: Fully leased 22,600 SF industrial building with 2,000 SF office on 4.07 acres in Oxford, CT.; Strong tenant roster including Fox Pest Control, Paragon Sign, and JM Products.; $150,870 annual NOI.
    Request Owner's contact information
    6 Benson Rd Oxford, CT 06478
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6 Benson Rd Oxford, CT 06478
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