Wonderful investment opportunity with an A-rated international tenant that has 98 years left on lease. The current lot on Route 32 is cleared, flat, and completely secured and fenced. This lease location is being used as overflow storage by the company's main facility next door. The current tenant has just invested substantial capital into this location along with their main facility and acts as their only CT hub. This is a great and secure investment opportunity for any real estate portfolio.
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Listing courtesy of Jon Arruda, William Pitt Sotheby's Int'l Email: jonarruda@gmail.com
Rr 32, Franklin, CT, 06254
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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