11 Herman Dr - Light Manufacturing FOR SALE


Simsbury, CT 06070- Outlying Simsbury/Granby
$2,180,000 USD
860-777-5900
11 Herman Dr, Simsbury, CT for Sale
$2,180,000 USD
Light Manufacturing - FOR SALE
1/12
null | 7% Cap Rate

Jun '26



HIGHLIGHTS

  • High-yield industrial investment with immediate cash flow
  • Opportunity to increase value through targeted upgrades
  • Suitable for investors or potential owner-user repositioning

OVERVIEW

11 & 15 Herman Drive Industrial Investment Opportunity Simsbury The offering consists of two industrial buildings totaling approximately 25,000 square feet, located at 11 and 15 Herman Drive, being sold together as a single investment opportunity. This is an estate sale, and the property will be conveyed as-is, where-is, subject to probate court approval. The portfolio generates approximately $150,000 to $165,000 in net operating income based on recent financials, equating to an approximate 7.0% to 7.6% cap rate at the asking price of $2,180,000. The asset provides stable in-place cash flow with functional layouts suitable for a variety of industrial, flex, and warehouse users.

FOR SALE DETAILS

PRICE

$2,180,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

11 & 15 Herman Dr

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

18

LAND DETAILS

LAND ACRES

4

LAND SF

174,240

ZONING

I-1

APN/PARCEL ID

SIMS-000002I-000439-000006

ASK ABOUT THIS PROPERTY

Vincent VerrilloBerkshire Hathaway HomeServices New EnglandMore Info
860-777-5900

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Vincent VerrilloBerkshire Hathaway HomeServices New EnglandMore Info
860-777-5900

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