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29238008
29238016

150 Knotter Dr, Cheshire, CT 06410 For Sale

O, R&L Commercial Branford
JL
CT RES.0766102
O, R&L Commercial Branford
Listed by O, R&L Commercial Branford
$11,200,000
185 days on market
Updated 86 days ago

150 Knotter Drive

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 135,470
Cap Rate 8.12%
NOI $909,510
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $83
Class B
Year Built 1972
Buildings 1
Stories 1
Acreage 34.000
Zoning I-2
Investment Type Owner/User
Ceiling Height 14
Loading Docks 6

135,470 SF Industrial Flex Building: 8% Cap Rate | NOI: $909,510 | Fully Occupied

Marketing description

INVESTMENT OPPORTUNITY: O,R&L Commercial is pleased to present 150 Knotter Drive, a compelling Industrial Investment opportunity in a well-established Cheshire business park location. The property consists of a 135,470 SF industrial building, fully occupied, and providing immediate income as well as future expansion potential. The building is designed to accommodate a wide range of industrial, manufacturing, and distribution uses offering 6 loading docks, 2 drive-in doors, 14' ceiling heights, and heavy power. The facility is 100% air conditioned, a notable feature for users requiring climate-controlled production, assembly or warehouse space.

Located in Cheshire, the property benefits from convenient access to Route 10 and Interstate I-84 providing strong regional connectivity throughout Central Connecticut and beyond. This combination of scale and infrastructure, lease revenue and stable occupancy make 150 Knotter Drive an attractive opportunity for investors seeking a long-term industrial investment.

Investment highlights

  • Investment Opportunity

  • NOI: $909,510 | Cap Rate: $8% | 100% Occupied

  • 135,470 SF Industrial / Flex Building

  • Expansion Potential

  • 100% Central Air

  • 14’ Ceilings, 6 Docks, 2 Drive-ins

  • Heavy Power

  • Ample Parking, Close to Highways

Listing Contacts

O, R&L Commercial Branford
JL
CT RES.0766102
O, R&L Commercial Branford
Listed by O, R&L Commercial Branford

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$909,510.00
$75,792.50/mo

Valuation Metrics

0
DSCR
8.12%
Cap Rate
8.12%
ROI

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Additional Information

Name
Samuel Crampton
License
0830683
Brokerage
O, R&L Commercial
Title
Real Estate Sales Person
Brokerage Address
2 Summit Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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