100% Occ. Office/Warehouse/Manufacturing Flex FOR SALE


Wallingford, CT
$7,802,000 USD
918-794-9516
, Wallingford, CT for Sale
$7,802,000 USD
Flex - FOR SALE
1/6
null | 8.25% Cap Rate

100% Occ. Office/Warehouse/Manufacturing
Wallingford, CT


HIGHLIGHTS

  • 100% Occupied Asset | Best-in-Class Tenant Mix
  • Long-Term Operating History, Staggered Lease Rollover
  • Favorable Lease Structures with Annual Rental Escalations
  • Easily Accessible Location
  • Dense, Affluent Demographic Base
  • Significant Tenant Investments

OVERVIEW

Available Individually or as a Portfolio Northmarq, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in two (2) separate properties totaling +/- 58,185 square feet and located in Wallingford, Connecticut (the “Portfolio” or “Property”). Situated on two separate parcels, the Property is fully leased to national tenants Automated Logic, Swagelok, Central Administrative Pharmacy Services, and High Road School. All tenants operate under NN leases (with tenants reimbursing the Landlord for most expenses, except structure) and are signed up on a long-term basis, with an average weighted lease term of 5 years remaining on the Property. The Property is located in Wallingford, a historic town in central Connecticut, located along the Quinnipiac River about 13 miles north of New Haven and 24 miles south of Hartford. Founded in 1670, the town has grown into a thriving community that balances its colonial heritage with modern development. Anchored by Interstate 91, Route 15 (Wilbur Cross Pkwy), U.S. Route 5, and the Hartford Line commuter rail, Wallingford offers direct connections to the state’s major cities as well as New York and Boston. As of 2024, Wallingford’s population is estimated at just over 44,000. Automated Logic and Swagelok are nationally recognized brands. Automated Logic is a leading provider of innovative building-management solutions and a subsidiary of Carrier Global Corporation (NYSE: CARR), a $22 billion company with a 100+ year operating history. Swagelok is a $2 billion privately held manufacturer of fluid system solutions including components, assemblies, and services trusted in critical industries worldwide. CAPS is the nation’s largest network of outsourcing admixture pharmacies and a leading provide of 503A and 503B compounded sterile preparations (CSPs), with over 23 locations across the U.S. Specialized Education Services, Inc. (SESI) is a leading provider of K-12 education services for students who require additional academic and behavioral support that is often unavailable in traditional school settings. SESI partners with over 850 school districts nationwide and serves nearly 13,000 students. In Association With: John Rotunno, CT License #REB.0790732

ASK ABOUT THIS PROPERTY

Chad ByerlyNorthmarqMore Info
918-794-9516

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Chad ByerlyNorthmarqMore Info
918-794-9516

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.