Nickson Industries Net Lease

336 Woodford Avenue Plainville, CT 06062

336 Woodford Avenue, Plainville, CT, 06062
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FOR SALE
Property Type:
Factory
Amount:
$4,000,000
Last Verified:
Jan 19, 2023

Highlights

  • NICKSON INDUSTRIES NET-LEASED INDUSTRIAL
  • 9.7 YEARS REMAINING | LONG-TERM LEASE
  • NNN | MINIMAL LANDLORD RESPONSIBILITIES
  • TENANT AT LOCATION FOR 40 YEARS
  • MANUFACTURER OF COMPLETE EXHAUST HARDWARE
  • PRICED WELL BELOW REPLACEMENT COST
  • 105,000-SQUARE FEET | 4.75 ACRES
  • 20 FOOT CEILING HEIGHT | FOUR STORIES
  • EPDM / RUBBER MEMBRANE ROOF
  • 208/600 VOLTS & 1,600 AMPS POWER
  • WET SPRINKLER SYSTEM | CENTRAL AIR & HEAT
  • 165k PEOPLE IN 5-MILE RADIUS | $92k HHI
  • MINUTES FROM SEVERAL HIGHWAYS
  • I-84 (73k VPD) | STATE HWY 72 (58k VPD)
  • HARTFORD CONNECTICUT MSA | 18-MINUTE DRIVE

Description

NICKSON INDUSTRIES NET-LEASED INDUSTRIAL

Plainville, CT


Year Built: 1916
Building Size: 105000sq ft
Lot Size: 4.75 acres

Map of 336 Woodford Avenue, Plainville, CT, 06062

Presented by:
The Jonna Group

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Simon Jonna


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.