350 Long Beach Boulevard, Stratford, CT
350 Long Beach Boulevard
stratford, CT 06615
PRIME INVESTMENT OPPORTUNITY:
Fully Leased Industrial Warehouse for Sale at $8,529,000
Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is offering a prime investment opportunity: a fully leased 55,200 SF industrial warehouse located at 350 Long Beach Boulevard in Stratford, Connecticut, for sale at $8,529,000. Based on the current rent roll, the net operating income is $511,740, reflecting a 6% capitalization rate. The building is 100% leased through November 30, 2031, providing stable and predictable cash flow. One tenant, Nuovo Pasta Productions, Ltd. has NNN leases for the entire building, significantly minimizing the landlord’s expense exposure.
Situated on 4.24 acres within Stratford Executive Park, the one-story, fireproof steel building offers low-maintenance ownership and features a 24-foot clear ceiling height, twelve loading docks, and one drive-in door.
Strategically located just 1.2 miles from I-95 (Exit 30 – CT-113 N/Lordship Boulevard), the property also benefits from close proximity to major transportation hubs, including Igor Sikorsky Memorial Airport (1.8 miles) and the Bridgeport Metro-North train station (2.9 miles). This stabilized industrial asset presents a strong income-producing opportunity in a highly desirable Fairfield County location.
For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.
Financial Information | |
Sale Price | $8,529,000 |
Real Estate Taxes: | $115,548.48 (2024) - Paid by Tenant |
2024 NOI:: | $511,740 |
2024 Cap Rate: | 6% |
The Site | |
Total Building Size: | 55,200 SF |
Land: | 4.24 Acres |
Zoning: | Light Industrial District (MA) |
Year Built: | 2001 |
Construction: | Fireproof Steel |
Stories: | One |
Tenancy: | Single (Designed for 5 Tenants) |
Features | |
Parking: | 156 Surface Spaces |
Ceiling Height: | 24' Clear |
Floor Load: | 6' Concrete Slab on Grade 400 Lbs/SF |
Column Spacing: | 44' to 50' Bays |
Loading: | 12 Loading Docks, 1 Drive-In Door |
Amenities: | Full HVAC in Office with Gas-Fired Heat, Fiber Optics & Cable Services, 100% Wet Sprinkler System with Alarm Notification 24/7/365 |
Utilities | |
Water/Sewer: | City/City |
A/C: | Partial |
Heating: | Gas |
Power: | 2,000 Amps, 480/277 Volts, 3-Phase |
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