39 Nott Hwy - Storefront FOR SALE


Ashford, CT 06278
$2,390,000 USD
860-336-6675
39 Nott Hwy, Ashford, CT for Sale
$2,390,000 USD
Storefront - FOR SALE
1/39
null | 8.91% Cap Rate

39 Nott Hwy
Ashford, CT 06278


HIGHLIGHTS

  • Major Industrial Anchor tenant 26255 FS NNN Lease
  • 1031 Exchange Investor Ready - Income producing transfer property
  • Long term current retail /office tenant mix with NNN leases
  • Heavily traveled State Highway

OVERVIEW

Hollow Brook Commons at 39 Nott Highway offers a rare owner-user opportunity with built-in income on 6.4 acres in Ashford, Connecticut. The 35,018 square foot industrial flex facility, constructed in 2009, is ideally suited for light industrial manufacturing, assembly, warehousing, or specialty production operations, featuring approximately 24-foot ceilings and flexible interior configurations. An owner-occupant can immediately utilize available space while benefiting from four existing tenants secured by five-year triple net leases, generating additional income and helping offset operating costs. The current layout supports professional office, retail, and light industrial uses, with the ability to reconfigure into as many as eight total suites for future expansion or tenant diversification. Building systems include central air conditioning, a 139 kW solar energy system supporting energy efficiency, radiant heat with propane gas backup, auxiliary boiler, wet sprinkler system, and security infrastructure. The modern construction and clear-span characteristics provide functionality for a wide range of industrial and commercial users. Located in the Town of Ashford, postal city Ashford, 39 Nott Highway is positioned along the Route 44 and Route 101 corridor with convenient access to Route 74 and Interstate 84, connecting the Hartford market and Rhode Island. The combination of owner-user flexibility, income in place, and industrial capability makes this property suitable for business expansion, operational relocation, or portfolio growth. Proof of funds or letter of credit requested prior to property tours.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

8.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

owner-user opportunity with built-in income

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

6.5 AC

LAND SF

283,140 SF

ZONING

C

APN/PARCEL ID

ASHF-000039-A000000-000005

ASK ABOUT THIS PROPERTY

Michael CollinsBerkshire Hathaway HomeServices New EnglandMore Info
860-336-6675

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Michael CollinsBerkshire Hathaway HomeServices New EnglandMore Info
860-336-6675

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