80 Pickett District Rd, New Milford, CT 06776

63,967 SF | Vacant | Industrial Building | New Milford, CT 06776 | $6,750,000 ($106/SF)

Asking Price $6,750,000

Property Type
Industrial
Price / Square Foot
$106

Listing Contacts

  • Property Info

Property Overview

FOR SALE at $6,750,000 - This industrial building is 63,967 s.f. built in 1956 on 8 acres. Edelman Leather Company (a subsidiary of Knoll, Inc.) has been the anchor Tenant for 15 years and will be vacating in August of 2024. Co-Operating brokers will need a buyer's Brokers' agreement for a commission fee. Property is also available for lease at $7.25 s.f. NNN
The property has 700' of frontage and 500’ deep on Pickett District Road and is located adjacent to Kimberly Clark. The building footprint is 60,767 with a 2800 s.f. cafeteria mezzanine. The roof age is estimated at 13 years. The ceiling height in warehouse areas is estimated at 17'. The building is sprinklered, has HVAC in most areas, and has public water, septic, and gas.
The property is ideally located on Pickett District Road with great access to a 4-lane highway (Route 7). The property is zoned RI (Restricted Industrial) in central New Milford. Possible 40,000-60,000 s.f. expansion possible on site. There is excellent on-site paved parking for fleet vehicles, trucks, and employee cars. It has 5 loading docks and 2 drive-in doors. There is a large paved tractor-trailer handling area. Heat is provided with gas, and electricity is sub-metered 277/480 volts.
Call Mike Struna or Chris Cosio for an appointment and tour the building today…… 203-798-9345

Property Details

Class
C
Year Built
1956
Stories
1
Property Subtype
Manufacturing, Distribution, Warehouse, Service
Lot Size (sq. ft)
348,480 SF

Highlights

  • For Sale at $6,750,000
  • 63,967 s.f. Industrial Building - Built in 1956 - 8 Acres
  • Per Forma NOI for 2024 - $463,760 - Taxes of $40,877 - Expenses of $2.25 s.f.
  • Excellent business environment in the Town of New Milford
  • 40-60M s.f. of possible expansion - Water / Gas / Septic - Level Site
  • Call J. Michael Struna or Chris Cosio at 203-798-9345 to discuss your investment requirements

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].