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33709477
33709478

980 Stanley Street, New Britain, CT 06051-1641

ZP
RES.0824481
Group Realty
Listed by Group Realty
$1,250,000
14 days on market
Updated 14 days ago

980 Stanley Street

Details
APN 1518
Property Type Industrial
Sub Type Warehouse
Square Footage 7,490
Cap Rate 6.29%
NOI $78,645
Occupancy 100%
Tenancy Single
Lease Type NNN
Pro-Forma Cap Rate 18.44%
Pro-Forma NOI $230,466
Class A
Year Built 1983
Year Renovated 2024
Buildings 1
Acreage 1.030
Zoning Commercial Warehouse
Parking Spaces 31 spaces
Parking Per SqFt 4.14
Investment Type Value Add
Ground Lease No
Ceiling Height 16

Industrial | 6.29% CAP | 7,490 SqFt

Marketing description

This 7,490 SQFT warehouse is built to take a beating and last, featuring high-strength steel construction framing, a metal roof and metal siding, concrete walls, and bumper stoppers on all walls to protect vehicles — all with zero deferred maintenance. Access is provided by two oversized garage doors: one oversized for both height and width, and a second side door oversized for width. Inside, the property includes a finished executive office, a newly updated bathroom, a storage room, and a laundry room, along with over 30 interior parking spaces, polished concrete floors with an advanced built-in drainage system, an advanced interior heating system, and high-grade insulation on the walls and ceilings. Security is comprehensive, with a high-tech surveillance camera system and fire, carbon monoxide, and burglary alarms. A newly installed high-end energy efficiency system — including LED lighting and efficient electric meters — keeps occupant electricity bills and overall operating expenses extremely low for both tenant and owner. The property also offers a newly renovated parking lot with metal gutters, excellent street visibility with a high daily vehicle traffic count ideal for advertising exposure, and vacant land behind the building that allows for storage expansion, solar installation, or an expanded outdoor common area for tenants. Utilities include city water and city sewer plus city gas. 24/7 keyless key pad entry access on both doors. All new mechanicals.

Investment highlights

  • Available for sale — entire 7,490 SF building
  • Also available for lease at $17 per SQFT NNN
  • Building was fully rebuilt ground-up in 2002 — effectively newer construction.
  • 7,490 SF warehouse with two oversized garage doors and an advanced interior heating system.
  • One garage door is oversized for height and width; the second side door is oversized for width.
  • Includes a finished executive office, newly updated bathroom, storage room, and laundry room.
  • High-tech surveillance camera security system plus fire, carbon monoxide, and burglary alarms.
  • High-strength steel framing, metal roof and siding, concrete walls, and a load-rated roof engineered for added rooftop loads.
  • Built to take a beating and last, with zero deferred maintenance.
  • High-end fan fume-evacuation system serving the warehouse floor.
  • Illuminated driveway sign for strong street-front visibility.
  • Newly installed high-end energy-efficiency system — LED lighting and efficient electric meters cut the occupant's utility bills.
  • Polished concrete floors with an advanced drainage system built into the warehouse slab.
  • Newly renovated parking lot with metal gutters; over 30 interior parking spaces.
  • Excellent street visibility with a high daily traffic count - 12,300 VPD
  • Vacant rear land for outdoor storage or an expanded common area for the tenant.
  • City water, city sewer, and city gas; high-grade insulation on walls and ceilings.
  • Extremely low operating expenses for the occupant.

Listing Contacts

ZP
RES.0824481
Group Realty
Listed by Group Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,645.00
$6,553.75/mo

Valuation Metrics

0
DSCR
6.29%
Cap Rate
6.29%
ROI

Map

Zoning

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B1 CommercialNeighborhood CommercialNeighborhood Business
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Last updated Feb 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Ali Bigi
License
REB.075847
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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