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8069436
8083966

12 Precision Rd, Danbury, CT 06810

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JR
Jeff Ryer PRO
CT REB.0754714, NY 36RY1162955 (+2)
RYER Associates Commercial Real Estate
TG
Tom Greene
CT RES.0777698
RYER Associates Commercial Real Estate
Listed by RYER Associates Commercial Real Estate
$1,199,000
1361 days on market
Updated 41 days ago

12 Precision Rd.----PRICE REDUCED!

Details
Property Type Industrial, Office
Sub Type Traditional Office, Warehouse
Square Footage 8,686
Units 1
Cap Rate 7.00%
Tenancy Single
Lease Type Gross
Lease Term 5
Lease Expiration 05/31/2028
Remaining Term 2
Rent Bumps Yes
Class B
Year Built 1984
Stories 2
Zoning IL-40
Parking Spaces 22 spaces
Parking Per SqFt 2.53
Investment Type Owner/User
Tenant Credit Corporate Guarantee
Lease Commencement 06/01/2023
Dock High Doors 2
Sale Condition For sale by owner

Industrial | 7.00% CAP | 8,686 SqFt

Marketing description

  • 5 YEAR LEASE IN PLACE

  • PUBLICALLY TRADED, QUALITY TENANT HAS SPENT $800,000+ TO IMPROVE THE PROPERTY

  • 50/50 Condo Land Ownership (Two Units)

  • Free Standing Condominium Unit

  • Ample Parking – 22 Spaces Dedicated

  • Served With Water & Gas, Shared Septic (Sewer on Kenosia)

  • Il-40 Zone

  • West Danbury Location, Just Off Kenosia Ave., Easy Access to Rt 7 & I-84

  • Investor Opportunity —-FINANCIALS AVAILABLE WITH CA.

Investment highlights

  • 4 YEAR LEASE IN PLACE

  • PUBLICALLY TRADED, QUALITY TENANT HAS SPENT $800,000+ TO IMPROVE THE PROPERTY

  • Condo Land Ownership (Two Units)

  • Free Standing Condominium Unit

  • Ample Parking – 22 Spaces Dedicated

  • Served With Water & Gas, Shared Septic (Sewer on Kenosia)

  • Il-40 Zone

  • West Danbury Location, Just Off Kenosia Ave., Easy Access to Rt 7 & I-84

  • Investor Opportunity —-FINANCIALS AVAILABLE WITH CA.

Listing Contacts

JR
Jeff Ryer PRO
CT REB.0754714, NY 36RY1162955 (+2)
RYER Associates Commercial Real Estate
TG
Tom Greene
CT RES.0777698
RYER Associates Commercial Real Estate
Listed by RYER Associates Commercial Real Estate

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  1. For Sale
  2. Industrial
  3. CT
  4. Danbury
  5. 12 Precision Rd.----PRICE REDUCED!
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