Property profile

39 Nott Hwy Ashford, CT 06278

OFF-MARKET
Commercial real estate
34,018 SF 6.4 ac lot Built 2009
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 34,018 square foot, multi-tenant commercial property situated on a 6.4-acre lot at 39 Nott Highway in Ashford, Connecticut. Built in 2009, this industrial flex space currently houses four tenants, all under five-year triple-net leases, ensuring a consistent income stream. The anchor tenant, Pith Products, occupies a significant portion of the building, providing stability and long-term potential. The property boasts a range of desirable features including central air conditioning, a highly efficient 139 KW green solar energy system supplemented by propane gas radiant heat and an auxiliary boiler for reliable heating. A comprehensive security system and wet sprinkler system are also in place, enhancing safety and minimizing risk. The flexible layout allows for reconfiguration to accommodate up to eight tenants, offering future expansion and diversification opportunities. Its strategic location on the heavily trafficked Route 101-Route 44 connector to Route 74 and I-84 provides excellent visibility and accessibility, making it an ideal location for businesses serving the Hartford and Rhode Island markets. This turnkey property is perfect for 1031 exchange investors or those seeking portfolio expansion. Proof of funds or a letter of credit will be required.

Property profile

Verified
Property type Commercial real estate
Year built 2009
Total area 34,018 SF
Lot 6.4 ac (278,784 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

39 Nott Hwy Ashford, CT 06278
Ashford metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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