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453 New Park Avenue
West Hartford, CT 06110
Asking Price
$1.29M
Asset Type
Distribution Retail
Class
Class B
What's Special
Buy the Building Keep the Leased Warehouse For Sale <p>This is a rare opportunity to acquire an income-producing asset with a long-term tenant already in place. The built-in annual rent increases help grow your investment while the Triple Net structure minimizes ownership responsibilities. Current tenant is Grocery Store distributor. </p>
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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559