Industrial Condo Portfolio
6.30% Cap Rate | Unique Product for Small Businesses | Robust Industrial Zone | Hartford MSA
Marketing description
Prime Location Nearly Adjacent to Bradley International Airport
There is direct access to one of the busiest airports in New England, ideal for businesses with logistics needs or frequent travel. Bradley International Airport is one of the top 3 industrial cargo hubs for the Northeast.
Located in the Hartford MSA
Positioned within the Greater Hartford Metropolitan Statistical Area, the Property offers proximity to major markets, transportation hubs, and a strong local economy.
Revenue
Situated in a robust industrial zone, the available spaces can serve as supplementary storage for neighboring properties, enhancing operational flexibility.
Area Undergoing Growth
The surrounding region is experiencing growth, the population in Windsor has grown over 5% since 2021, making this property an ideal opportunity for investment and business expansion.
Unique Product for Small Businesses
Offering an affordable and versatile space option for smaller businesses in need of extra storage, with a significant size and price advantage.
Shared Office Space with WiFi
The Property features office space in front of the condos, available for owners or tenants to share, complete with WiFi, providing convenience and connectivity for business operations.
Investment highlights
Northmarq is pleased to offer for SALE or LEASE this 100% fee simple interest industrial condo portfolio located at 200 Old County Circle in Windsor Locks, Connecticut (the “Property” or “Facility”). The Property is strategically located only 13 miles north of the Hartford CBD and nearly adjacent to Bradley International Airport at 2 miles. The Property presents an opportunity for investors to purchase 18 individual industrial small bay condos located in the same building, allowing an investor to own 90% of the building. The Property, across all 18 condos, totals 10,082 SF with a shared office space for business operations, perfect for local or regional credit businesses looking to expand their operational and distribution footprint while still maintaining an agile and flexible workspace. Location is a key advantage, as I-91 is only 2 turns and 0.61 miles away, providing direct access to Hartford. See full OM for details.
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