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Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
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Home For Sale Connecticut Meriden 5754
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Flex Space For Sale By Owner

$2.88 Billion Credit Tenant in single occupancy industrial building.




45 Golden St, Meriden, Connecticut 06450 United States
Description

Building information:
Built in 1973. Industrial Building located in Golden Street Industrial Park Address: 45 Golden St, Meriden, CT 06450
Size of Building is approximately 13,200 sf– 10,800 Warehouse 90x60 with mezzanine.2 floors for the warehouse & 2,400 sq ft Office 60x40
Size of lot is approximately 1.27 acres. Ground Level loading area.
60 parking spaces. Heavy power, water, sewer provided by city. Upgraded computer wired throughout the building.
No elevators. 20’ Ceiling height. Survey available upon request. Clean Environmental Phase 2. Roof 30 year roof replaced 18 years ago.

Tenant information:
Fully leased to TOPBuild Corp-Publicly traded company
Rental Rate $4,166.67/month $55,630/Year Triple Net. Renewal end of 2019 at $5,000/month. Renew every two years but has signed 5 year terms in the past. Business has been located since 1981. TOPBuild since 1999. Lease terms are believed to be substantially below market.
TOPBuild Corp is a publicly (BLD) traded $2.8B market value as of 5/22/2019. Spun off by Masco Corporation a $11.61 billion building supply company.

Price: $560,000
Property Sub-Type: Flex Space
Total Building Size: 13200 SF
occupancy: 100
Cap Rate: 10 %
Listing ID: 5754

Map of: 45 Golden St, Meriden, Connecticut 06450 United States

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