
17 N Washington
Industrial | 9.50% CAP | 38,352 SF
Marketing description
This 38,000 square foot industrial building is presented as a seller-leaseback. The current owner requires the lease of the entire building for a period of at least 7 years. The seller is willing to manage the building for less than typical management fees. The building earns an annual income at $142K. There is a brand new freight elevator available as well as a ground floor overhead door for the ground level unit. The three-floors of industrial space have ample parking in the rear and provides the tenants with two additional, large overhead doors and a loading dock at the front of the building. New gas heating system has been installed by seller. Great income producing building in a great location near Route 84 to Hartford (20 minutes), New Britain (10 minutes), Waterbury (20 minutes).
Investment highlights
Attractive lease-back from current owner to include ongoing building management. Excellent investor opportunity.
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