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1435 State Street, Bridgeport, CT

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1435 State Street

Bridgeport, CT 06605-2032 - Bridgeport Submarket

Property Type:Industrial Sub Type:Warehouse Status:Existing Year Built:2007
Building Size:120,000 SF Land Area:3 AC (130,680 SF)
Ceiling Height:32'0'' Loading Docks:No Rail:- Power:-
For Sale Price:$9,950,000 Price/SF:$82.92
Cap Rate:7.34 %
Zoning:- Sprinklers:- Drive Ins:3 tot./8'0''w x 10'0''h Cranes:-
Parking:Free Surface spaces are available; Free Covered spaces

100% NNN leased to AKDO Intertrade

This building will become the new headquarters for AKDO ( a manufacturer, importer and distributor of natural stones (marble, granite, limestone) from more than 20 countries. AKDO sells its products through a national network of dealers. AKDO is privately held and was founded in 1990.

Sale Notes:
In association with:
John Rotunno
CT License #REB.0790732

Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase the AKDO Intertrade industrial warehouse and regional headquarters located at 1435 State Street, Bridgeport, CT (the Property ).

The Property totals +/- 100,597 square feet. AKDO Intertrade is operating under a 20 year base lease term with approximately 11 years of base term remaining. The lease features $2,400 flat escalations annually. Additionally, the lease is absolute NNN with no landlord responsibilities.

Stan Johnson Company
Josh Pardue
(646) 778-5560

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