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7.6% Cap | Luxury Office/Car Storage | NNN 23 Ryan St

5,742 SF 91% Leased Office Building Stamford, CT 06907 $1,650,000 ($287/SF) 7.60% Cap Rate

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Executive Summary

7+% CAP ACTUAL! GREAT OPTION FOR CAR + LUXURY GOLF ENTHUSIASTS -- tenants specializing in both areas! 5,700 sq ft, beautiful cash-flowing commercial property BUILT in 2007 in prime Stamford location between the Merritt Parkway and I95! The building is 2 stories with a basement that is at ground level and 4 garage bays. All tenants are on triple net leases with CAM fully paid for (including taxes) making for low management fees. In addition to the building, there is approximately 3,000 sq ft of parking and/or outdoor storage space. One vacant garage bay, the rest of the units are rented to thoroughly vetted tenants on multi-year leases.

Income and Expenses