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    OFF-MARKET
    Commercial real estate

    39 Nott Hwy, Ashford, CT 06278

    34,018 SF 6.4 ac lot Built 2009
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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