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Heritage Park Road
Clinton, CT 06413
Asking Price
$1.65M
Asset Type
Flex Office
Class
Class B
What's Special
Owner User Opp-9500sf Available + cash flow <p>Immediate occupancy of approximately 9,500 SF</p><p>• Existing income stream from in-place tenant</p><p>• 16'-20' clear ceiling heights</p><p>• Heavy electrical service</p><p>• Drive-in loading</p><p>• Recently renovated warehouse and office areas</p><p>• Excellent access to I-95 and US Route 1</p><p>• Potential future expansion of approximately 12,000-20,000 SF (subject to approvals)</p><p>Projected stabilized cash flow exceeds $140,000 annually.</p>
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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597
