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Property profile & analytics
OFF-MARKET
Industrial properties

163 John Downey Dr New Britain, CT 06051

35,000 SF 2.79 ac lot Built 1971
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 163 John Downey Drive, New Britain, CT, offers a substantial 35,000-square-foot manufacturing space on a 2.79-acre lot. Currently featuring a single tenant, 7,750 square feet will become available February 1, 2025. The building, constructed in 1971, boasts a single story with a 15-foot ceiling height and a generous 200-foot frontage on John Downey Drive, conveniently located near Newington Ave. The property includes one loading dock with ten dock-high doors, providing efficient loading and unloading capabilities. Ample parking is available with 50 total spaces. The interior features a large office at the front with central air conditioning, three bathrooms, and 3-phase power. The building's heating system is gas-powered, and the property is zoned I1. Previous uses include manufacturing wood and plastic store fixtures. The lease is a triple net lease, with additional charges for heat, electricity, and a common area maintenance (CAM) fee of $1.65 per square foot per month. This property presents a unique opportunity for a manufacturing business seeking a well-equipped and strategically located facility.

Property profile
Verified
Property type Industrial properties
Year built 1971
Total area 35,000 SF
Lot 2.79 ac (121,532 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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