350 Long Beach Boulevard
55,200 SF Fully Leased NNN Industrial Warehouse | 6.04% Cap Rate | Prime I-95 Access
Marketing description
PPRIME INVESTMENT OPPORTUNITY:
Fully Leased Industrial Warehouse for Sale at $9,500,000
Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer a premier investment opportunity: a fully leased 55,200 SF industrial warehouse at 350 Long Beach Boulevard in Stratford, Connecticut. Offered at $9,500,000, this stabilized asset provides a projected net operating income (over term) of $574,171, reflecting a strong 6% capitalization rate.
The property is 100% leased through November 30, 2036, to a single credit tenant, Nuovo Pasta Productions, Ltd., on a NNN basis that significantly minimizes landlord expense exposure. Originally designed as a multi-tenanted facility, the building retains its highly versatile infrastructure, featuring individual entry points and dedicated loading docks for each original bay. This unique "flex" history ensures maximum long-term adaptability and future leasing flexibility.
Situated on 4.24 acres within the prestigious Stratford Executive Park, this one-story, fireproof steel building offers low-maintenance ownership. Industrial features include a 24-foot clear ceiling height, twelve loading docks, and one drive-in door.
Located in the heart of the Northeast Corridor, 350 Long Beach Boulevard provides unparalleled regional reach. This stabilized asset sits just 1.2 miles from I-95 (Exit 30), offering seamless connectivity to New York City (under 60 miles) and major markets from Boston to Philadelphia. The site features direct regional access to Route 8, Route 25, and the Merritt Parkway, and is located only four miles from the Bridgeport Metro-North station—ensuring efficient distribution to a high-density consumer base.
For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.
Investment highlights
- Stable Long-Term Return: Offered at $9.5M with a 6.04% cap rate, this stabilized asset generates a projected average net operating income of $574,171.
- Secure NNN Tenancy: The property is 100% leased on a NNN basis through November 2036 to a single credit tenant, minimizing landlord expense exposure.
- Robust Infrastructure: This 55,200 SF fireproof steel building features 24-foot clear ceilings, 12 loading docks, 1 drive-in door, and heavy-duty flooring.
- Prime Logistics Location: Located in the Northeast Corridor just 1.2 miles from I-95, offering seamless connectivity to New York City, Boston, and Philadelphia.
- Expansive Site Layout: Situated on 4.24 acres in Stratford Executive Park, the low-maintenance property includes abundant surface parking for 156 vehicles.
- Future Adaptability: Originally designed as a multi-tenant facility, the highly versatile infrastructure can be easily subdivided for up to five future tenants.
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