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7 Everett Ln

250,000 SF 100% Leased Industrial Building Windsor, VT 05089 $3,900,000 ($16/SF)

Investment Highlights

  • Ceiling heights ranging from sixteen to 40 feet
  • 25 inch concreate floors
  • Close proximity to I-91 and I-89 corridors
  • 30+ acres

Executive Summary

Windsor Technology Park (WTP) facilities includes office/industrial/manufacturing/distribution and storage space. WTP encompasses 30 acres with approximately 1,000 feet of frontage on the Connecticut River and on-site rail service. It consists of two buildings just off the Main Street in the middle of downtown Windsor; which together offer approximately 250,000 square feet of manufacturing, warehouse and office space. Approximately 220,000 square feet is manufacturing and warehouse space with ceiling heights ranging from sixteen to 40 feet. There are 2 loading docks and 5 drive-in truck entrances to the facility. The parking field on the Everett Lane entrance can hold 20 cars. Parking field on the Depot Street entrance has virtually unlimited parking.
A significant investment in infrastructure has resulted in buildings with high ceilings, heavy cranes and abundant power. There are two 20-ton and two 15-ton cranes that service the “High Bay” 65,000 sq. ft. portion of the facility. There are numerous other cranes ranging in capacity from 2 tons to 10 tons capacity that serve the bulk of the remaining space. WTP maintains a perimeter security fence and security/alarm system. All space has sprinkler system coverage and access to an extensive power capability. The entire facility is heated. The office space has been redone to include new windows, some office space also has air conditioning. A recent renovation added bathrooms with showers in a space set up for use as a gym facility. Much of the facility was improved with new ballast roof in 2017/2018.
The site sits on a major aquifer with access to unlimited water from the town of Windsor. Waste water and sewer removal is supplied by the town of Windsor as well. Fiber-optic cable has been installed in Windsor. A previous tenant installed high-speed Internet to the building. A major rooftop and ground array solar project is proceeding and will supply lower cost power to the complex this year when the project is completed. Amtrak service is available at the Windsor station, located next to WTP. This rail line abutting the property is an active freight corridor to Canada and the rest of New England. Lastly, although currently inactive, the property does have a formerly used railway spur that serviced the property.

Property Facts

Price $3,900,000
Price Per SF $16
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 25.72 AC
Rentable Building Area 250,000 SF
No. Stories 2
Year Built 1916
Parking Ratio 0.69/1,000 SF
Clear Ceiling Height 40 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 5

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
768-244-12165
Land Assessment
$163,720
Improvements Assessment
$430,600
Total Assessment
$594,320

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 23349296

  • Date on Market: 6/9/2021

  • Last Updated:

  • Address: 7 Everett Ln, Windsor, VT 05089

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