Industrial Property for Sale in Suffield, CT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Suffield, CT 06078
  • Size: 14,500 SF
  • Year built: 2020

Description

Fantastic investment opportunity in this building completed in 2020 purpose built for a well established Micro Brewery manufacturing and service business. Sellers are offering a Sale Leaseback opportunity with a minimum 10 year lease with renewal options. Busy Taproom features multiple beers on tap for customer enjoyment, as well as retail to go sales. This business has a prescience throughout New England through regional distribution. The full kitchen provides a well rounded Taproom menu to further make this a destination location for its patrons. Property features public water supply for kitchen and operational areas. Also has a separate well for beer manufacturing. High traffic easy to find location near Bradley International Airport and Interstate I-91. Current lease will be extinguished upon successful closing and new lease to be executed with Terms of minimum 10 years with renewal options for 2 additional 10 year terms. This building features all top end finishes to enhance the visitor experience. This tenant has it all…….Large Taproom tasting and serving area with recently added covered outdoor patio/deck. Well designed and efficient Brewing and Canning operations area. plenty of warehouse space for finished product. The tenant is also set up for distribution of TOGO products. This Brewery has recently received recognition as the Best Brewery in New England. See related article here: https://homeandartmagazine.com/voted-best-brewery-in-connecticut/. (May need to Cut and paste URL) Fantastic investment opportunity in this building completed in 2020 purpose built for a well established Micro Brewery manufacturing and service business. Sellers are offering a Sale Leaseback opportunity with a minimum 10 year lease with renewal options. Busy Taproom features multiple beers on tap for customer enjoyment, as well as retail to go sales. This business has a prescience throughout New England through regional distribution. The full kitchen provides a well rounded Tapro

Market Context

This industrial in Suffield, CT is listed for sale across 14,500 SF. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2020. It has been on the market for 23 days. Compare it against other industrial listings for sale in Suffield, CT — <a href="/search/sale/industrial/connecticut/suffield">view the full market</a>.

Unified Estimate

Low Confidence

$140.69/SF – $190.35/SF

Mid: $165.52/SF

Total estimate for 14,500 SF: $2,400,040

Rate estimator only; cost-of-business estimate unavailable.

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