SalCal Real Estate Connections
Shawnna Kelly, SalCal Real Estate ConnectionsPhone: (860) 841-4642
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
Commercial
$2,000,000
2590 Berlin Turnpike
Berlin, CT 06037
Courtesy of Berkshire Hathaway NE Prop.
MLS: SmartMLS
Est. Mortgage
$10,424/mo

Prime investment opportunity with great potential for value add leases and NNN. The plaza is 50% occupied with a possible 7,500 sq ft available (3,750 sq ft retail available and 3750 sq ft storage/garage space). Existing tenants in place have been there for several years with current lease to expire 3/1/23. Adequate parking throughout property, well maintained landscaping. Potential for value add with newer leases, seperate leasing to storage units and including Triple Nets. Pro-forma cap rate 12% including Triple Nets, Pro-Forma Cap rate excluding Triple Nets - 10.3% Financials available upon request with NDA. All highest and best offers due on or before 10/8/22

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Information courtesy of Berkshire Hathaway NE Prop. is subject to verification and is not guaranteed. Listing Data Last Updated 12/07/2022 08:40 AM
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