The Property Shop of CT
Listed by The Property Shop of CT
$1,295,000
453 New Park Avenue Warehouse For Sale
Details
Property Type Retail, Industrial
Sub Type Distribution, Flex
Square Footage 10,000
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 06/01/2031
Year Built 1948
Buildings 1
Investment Type Owner/User
Lease Commencement 06/01/2026
Ground Lease No
Ceiling Height 12
Dock High Doors 2
Buy the Building Keep the Leased Warehouse For Sale
Marketing description
Looking for a commercial property that produces income from day one? This fully leased investment property offers the stability and cash flow investors are seeking.
✅ Current Rent: $6,500/Month NNN
✅ Triple Net Lease
✅ Tenant Pays Taxes, Insurance & Maintenance
✅ 5-Year Lease in Place
✅ 3% Annual Rent Increases
✅ 10,000 SF Building
✅ Loading Area & On-Site Parking
✅ Immediate Cash Flow
Investment highlights
This is a rare opportunity to acquire an income-producing asset with a long-term tenant already in place. The built-in annual rent increases help grow your investment while the Triple Net structure minimizes ownership responsibilities. Current tenant is Grocery Store distributor.
Listing Contacts
The Property Shop of CT
Listed by The Property Shop of CT
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