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15 Herman Dr

9,000 SF 100% Leased Flex Building Simsbury, CT 06070 $750,000 ($83/SF) 8.34% Cap Rate

Investment Highlights

  • Fully rented
  • Large parking area
  • Many updates

Executive Summary

Opportunity knocks in Simsbury, CT. This well-maintained light industrial property offers two separate buildings situated on a prime lot, fully rented with long-term tenants in place. Ideal for investors seeking a steady income stream or business owners looking to secure their future.
Property Highlights:
Building 1: 7,000 SF – Fully leased with reliable tenants, offering flexible industrial use.
Building 2: 2,000 SF – Also fully occupied, perfect for small-scale industrial or storage operations.
Total Size: 9,000 SF of rentable space across two buildings.
Zoning: Light industrial, accommodating a variety of uses.
Tenancy: Stable rental income with established, long-term tenants under lease agreements.
Parking: Ample parking for tenant and customer use.
Location: Centrally located in the desirable town of Simsbury, CT, offering convenient access to major roadways, local businesses, and regional markets.
This property is an excellent addition to an investment portfolio or a strategic purchase for future development or business expansion. Don’t miss this chance to own a fully leased industrial property in one of Connecticut’s most sought-after towns.

Property Facts

Price $750,000
Price Per SF $83
Sale Type Investment or Owner User
Cap Rate 8.34%
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 1.20 AC
Rentable Building Area 9,000 SF
No. Stories 1
Year Built 1980
Parking Ratio 2/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 4

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SIMS-000002I-000439-000007
Land Assessment
$71,400
Improvements Assessment
$229,810
Total Assessment
$301,210

zoning

Zoning Code I-1 (Light Industrial)
I-1 (Light Industrial)
  • Listing ID: 34357934

  • Date on Market: 1/3/2025

  • Last Updated:

  • Address: 15 Herman Dr, Simsbury, CT 06070

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