980 Stanley Street

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980 Stanley Street

New Britain, CT 06051-1641
Asking Price
$1.25M
Cap Rate
6.29%
Asset Type
Warehouse Industrial
Class
Class B

What's Special

Industrial | 6.29% CAP | 7,490 SqFt <ul><li>​Available for sale — entire 7,490 SF building </li><li>​Also available for lease at $17 per SQFT NNN</li><li>​Building was fully rebuilt ground-up in 2002 — effectively newer construction.</li><li>​7,490 SF warehouse with two oversized garage doors and an advanced interior heating system.</li><li>​One garage door is oversized for height and width; the second side door is oversized for width.</li><li>​Includes a finished executive office, newly updated bathroom, storage room, and laundry

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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