5 Glen Rd Manchester, CT 06040
This expansive 85,981-square-foot industrial property in Manchester, Connecticut, presents a compelling investment opportunity. Located at 5 Glen Rd, 06040, this multi-tenant facility sits on a 12.89-acre lot and offers a blend of flex, manufacturing, and warehouse space, ideal for owner-users. The building features five drive-in doors and five exterior dock high doors, ensuring efficient loading and unloading. Power is supplied by a 600a/240v/3-phase system. Currently, a portion of the property (40% occupancy) is leased to a national company, providing immediate income potential. The asking price is $2,900,000, translating to $33.73 per square foot. The property's history includes use as a Case Brother's Paper Mill, offering potential for tenant improvement allowances. Multiple spaces are available, allowing for flexibility in configuration to suit various business needs. The property includes dedicated office space, warehouse space, and ample storage areas. This is a rare opportunity to acquire a substantial industrial property in a prime Connecticut location. The property is offered as a triple net (NNN) lease.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.