62 Kensington Rd - United States Postal Service
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62 Kensington Rd - United States Postal Service
8,730 SF Specialty Building Offered at $1,700,000 at a 5.98% Cap Rate in Berlin, CT 06037
Investment Highlights
- Stable long term lease
- Attractive free-standing building on a corner lot
Executive Summary
Net leased Postal Service facility.
Free standing brick building on a corner lot in attractive bedroom community in Southern Connecticut.
Five year lease with additional option.
Financial Information and leases will be provided at the discretion of the broker and upon execution of non-disclosure agreement.
Property marketed in conjunction with Sentry Commercial Real Estate of Hartford, CT.
Free standing brick building on a corner lot in attractive bedroom community in Southern Connecticut.
Five year lease with additional option.
Financial Information and leases will be provided at the discretion of the broker and upon execution of non-disclosure agreement.
Property marketed in conjunction with Sentry Commercial Real Estate of Hartford, CT.
Property Facts
| Price | $1,700,000 | Building Class | C |
| Price Per SF | $195 | Lot Size | 1.21 AC |
| Sale Type | Investment | Building Size | 8,730 SF |
| Cap Rate | 5.98% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1969 |
| Property Subtype | Post Office | Tenancy | Single |
| Price | $1,700,000 |
| Price Per SF | $195 |
| Sale Type | Investment |
| Cap Rate | 5.98% |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 8,730 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Tenancy | Single |
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PROPERTY TAXES
| Parcel Number | BERL-000091-000049-000009A | Improvements Assessment | $435,900 |
| Land Assessment | $99,000 | Total Assessment | $534,900 |
PROPERTY TAXES
Parcel Number
BERL-000091-000049-000009A
Land Assessment
$99,000
Improvements Assessment
$435,900
Total Assessment
$534,900
zoning
| Zoning Code | CCD-2 |
| CCD-2 |
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62 Kensington Rd - United States Postal Service
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