43 Jinny Hill Rd Cheshire, CT 06410
This exceptional Cheshire, CT commercial property, located on over an acre of land at 43 Jinny Hill Rd on Route 10, offers 9,200 square feet of versatile space. The asking price is $695,000, with a price per square foot of $75.54. The property features a two-story design; the first floor provides expansive flex industrial space suitable for warehousing or manufacturing, while the second floor offers adaptable space for storage or office conversion. A convenient drive-in door ensures efficient loading and unloading. Ample parking is available for employees and customers. The high-traffic Route 10 location provides excellent visibility and accessibility. Currently, the occupancy is 50%. The lease is a NNN single-tenancy agreement for two years, commencing September 1, 2024, and expiring August 31, 2026. The Net Operating Income (NOI) is $3,500. This property presents a unique opportunity for businesses seeking a prime location with significant potential for growth and expansion. The property's location on Route 10 in Cheshire, CT, offers high visibility and substantial traffic.
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
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Risks
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