Marie Louise Burkle - Commercial Real Estate Showcase

Marie Louise Burkle Property Listings
Autac, Incorporated
2180 Foxon Rd
North Branford, CT 06471-1511

2180 Foxon Road

North Branford, CT 06471 - Branford Submarket

Property Type:Land Parcel Size:4 Acres
For Sale Price:$400,000 Price/Acre:$100,000 Price/SF:$2.30

Proposed Use:Industrial, Office

On-Site Improv:Previously developed lot

Sale Notes:
If Land paid for with cash or mostly cash the sale price is $400,000 if financed the price is $436,000.
Land lease also available.
2 acres cleared cement slap that a 10,000 SF building could be built on.
20 uncovered parking spaces.
The rest of the 2.2 acres is woodland.
Terms of the land lease are below.
50 year ground lease; $35,000/yr with reset to 7% of fair market value @ year 20, 30 & 40. Assessor currently values the property at $524,000, so 7% would be $36,680.

Autac, Incorporated
Marie Louise Burkle
(203) 481-3444

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