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137 Ethan Allen Hwy

32,132 SF 100% Leased Industrial Building Ridgefield, CT 06877 $5,700,000 ($177/SF) 9% Cap Rate

Investment Highlights

  • 50% Seller Financing- Fully occupied property-Long term NNN leases-

Executive Summary

Recent appraisal. Fully occupied, Long-term Master NNN lease with 2% escalators.

Data Room Click Here to Access

Property Facts Under Contract

Price $5,700,000
Price Per SF $177
Sale Type Investment NNN
Cap Rate 9%
Sale Conditions Sale Leaseback
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Service
Building Class B
Lot Size 14.50 AC
Rentable Building Area 32,132 SF
No. Stories 1
Year Built 1964
Clear Ceiling Height 12 FT
No. Drive In / Grade-Level Doors 1

Amenities

  • Signage
  • Air Conditioning

Utilities

  • Water - Well
  • Sewer - Septic Field
  • Heating - Oil (Fired)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 4,906 SF
  • Industrial
  • Shell Space
  • 30 Days

The available unit is a total of 4,906 SF of prime industrial space. The unit features wide column spacing, drive-in door, and 12' ceiling height. The building is equipped with a solar power system which attributes to low utility costs.

Space Size Space Use Condition Available
1st Floor 4,906 SF Industrial Shell Space 30 Days

1st Floor

Size
4,906 SF
Space Use
Industrial
Condition
Shell Space
Available
30 Days

1st Floor

Size 4,906 SF
Space Use Industrial
Condition Shell Space
Available 30 Days

The available unit is a total of 4,906 SF of prime industrial space. The unit features wide column spacing, drive-in door, and 12' ceiling height. The building is equipped with a solar power system which attributes to low utility costs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • RIDG-000016-I000007
  • RIDG-000016-I000001
Land Assessment
$663,600
Improvements Assessment
$1,924,580
Total Assessment
$2,588,180

zoning

Zoning Code B2 (Business)
B2 (Business)
  • Listing ID: 29995657

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 137 Ethan Allen Hwy, Ridgefield, CT 06877

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