150 Knotter Dr - Manufacturing FOR SALE


Cheshire, CT 06410
$11,200,000 USD
203-343-8426
150 Knotter Dr, Cheshire, CT for Sale
$11,200,000 USD
Manufacturing - FOR SALE
1/27
null | 8.12% Cap Rate

150 Knotter Dr
Cheshire, CT 06410


HIGHLIGHTS

  • NOI: $909,510 | Cap Rate: 8% | 100% Occupied Presently
  • 135,470 SF Industrial / Manufacturing / Flex Building
  • Expansion Potential
  • 14' Ceiling Heights, 6 Loading Docks, 2 Drive-in Doors
  • Heavy Power
  • Ample Parking, Close to Highways

OVERVIEW

O,R&L Commercial is pleased to present 150 Knotter Drive, a compelling Industrial Investment opportunity in a well-established Cheshire business park location. The property consists of a 135,470 SF industrial building, presently fully occupied with 19,114 SF available for Lease in 1 year, providing immediate income and future expansion flexibility for an owner-occupant. The building is designed to accommodate a wide range of industrial, manufacturing, and distribution uses offering 6 loading docks, 14' ceiling heights, and heavy power. The facility is 100% air conditioned, a notable feature for users requiring climate-controlled production, assembly or warehouse space. The available space allows for an owner/user to offset occupancy costs through lease revenue and stable occupancy while retaining long-term control of the asset. Located in Cheshire, the property benefits from convenient access to Route 10 and Interstate I-84 providing strong regional connectivity throughout Central Connecticut and beyond. This combination of scale, infrastructure, and partial vacancy makes 150 Knotter Drive an attractive opportunity for businesses seeking a headquarters, expansion facility, or long-term industrial investment.

FOR SALE DETAILS

PRICE

$11,200,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

8.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

6

DRIVE INS

2

PARKING SPACES

452

LAND DETAILS

LAND ACRES

34

LAND SF

1,481,040

ZONING

I-2

APN/PARCEL ID

CHES-000009-000011

ASK ABOUT THIS PROPERTY

Sam CramptonO, R & L CommercialMore Info
203-343-8426

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Sam CramptonO, R & L CommercialMore Info
203-343-8426

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