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265 Murphy Road, Hartford, CT

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DetailMap
265 Murphy Road

Hartford, CT 06114 - Hartford Submarket

(1.1 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1960
Building Size:10,489 SF Land Area:2.91 AC (126,760 SF)
For Sale Price:$2,800,000 Price/SF:$266.95
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 2.86/1,000 SF
Features:Pylon Sign


265 Murphy Road > Investment
Colliers International is pleased to present 265 Murphy Road, a 12,368 square foot industrial investment property for sale in Hartford, Connecticut. There is 2,100 square feet of office space, eight drive-in doors, a wet sprinkler system and 20’ clear. There is a national tenant with a 10-year lease and three 5-year options. The NOI is $180,000/ year with 2% increases per year.
Building Amenities
> 12,368 SF building
> 2,100 SF office space
> 8 (10’x14’) drive-in doors
> 20’ ceiling height > Wet sprinkler system
> 240 volts / 800 amps
> 2.91 acre site
> I-2 Zoning
> Ample parking > 10-year lease with three 5-year options
> NOI is $180,000 with 2% yr increases > Sale Price: $2,800,000


DIRECTIONS
From I-91 North, take Exit 27 for Brainard Road. Continue onto Murphy Road. The property is on the left.

Sale Notes:
265 Murphy Road > Investment
Colliers International is pleased to present 265 Murphy Road, a 12,368 square foot industrial investment property for sale in Hartford, Connecticut. There is 2,100 square feet of office space, eight drive-in doors, a wet sprinkler system and 20’ clear. There is a national tenant with a 10-year lease and three 5-year options. The NOI is $180,000/ year with 2% increases per year.
Building Amenities
> 12,368 SF building
> 2,100 SF office space
> 8 (10’x14’) drive-in doors
> 20’ ceiling height > Wet sprinkler system
> 240 volts / 800 amps
> 2.91 acre site
> I-2 Zoning
> Ample parking > 10-year lease with three 5-year options
> NOI is $180,000 with 2% yr increases > Sale Price: $2,800,000

Colliers International
Nicholas R Morizio
(860) 616-4022




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