329 Cooke St, Plainville, CT 06062-1448

This exceptional 37,671 square foot industrial flex building, situated on a 2-acre lot in Plainville, Connecticut, presents a compelling investment opportunity. Built in 1967 and renovated in 1990, the property boasts a desirable RI zoning designation. The fully air-conditioned space features 16-foot ceilings, two loading docks, and two dock-high doors, ensuring efficient operations. Currently fully leased, generating a net operating income (NNN) of $179,844 with 3% annual increases, the lease extends until September 30, 2028, providing long-term stability. The property offers a 7.8% capitalization rate and below-market rents, indicating significant potential for future appreciation. The comprehensive sprinkler system enhances safety and security. This turnkey investment is ideal for discerning buyers seeking a strong return on investment in a prime Connecticut location. The property's features, combined with its favorable lease terms and location, make it a highly attractive asset.