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Property profile & analytics
FOR SALE
Industrial properties

6 Benson Rd Oxford, CT 06478

23,750 SF 4 ac lot Built 1975
Entity Owned 24-yr Hold ~ Est. High Equity
Property ID
US15-0444561
Property summary
AI-generated overview

This fully leased, 22,600-square-foot industrial distribution building in Oxford, Connecticut, presents a compelling investment opportunity. Situated on a 4.07-acre lot, the property boasts a strong tenant roster, including Fox Pest Control, Paragon Sign, and JM Products, with leases generating a substantial net operating income (NOI) of $150,870. The building features a 14-17 foot ceiling height and includes approximately 2,000 square feet of office space. Current leases demonstrate a healthy mix of rental rates, ranging from $8.80 to $12.20 per square foot, with several tenants already expressing intentions to renew their leases. The property benefits from a highly desirable 8.00% cap rate and is conveniently located just 1.5 miles from I-84 exit 16, providing excellent access to major transportation routes. The property is zoned for industrial use and utilities are separately metered, with tenants responsible for their own dumpster fees. Landlord responsibilities include property taxes, insurance, and building maintenance. This is a rare opportunity to acquire a stable, high-performing industrial asset with significant upside potential. The property's strong tenant base, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Construction STEEL FRAME
Total area 23,750 SF
Lot 4 ac (174,240 SF)
Zoning code IND
APN OXFO M:17 B:23 L:2
UPID US15-0444561
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
  • Paragon Signs & Graphics - Sign Company Connecticut, Indoor & Outdoor Signage, Banners (Bike/Boat/Book/etc) Store Printing Service
  • J M Products Industrial Manufacturer
  • Fox Pest Control Garden Center
  • Aptex Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$840k
Owner & transaction history
Glenmore LLC · 24 yrs held
Glenmore LLC
since 2001
4 recorded transactions
2013
Price N/A
2001
$730,000
2001
Price N/A
1991
Price N/A
Zoning & alternative use
IND · Oxford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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