Turn-Key Triple Net Lease - Income producing Hollow Brook Commons Situated on 6. 4 Acres in Ashford CT is the headquarters of Pith Products (Anchor Tenant) Hollow Brook Commons 39 Nott Hwy. This 35018 SF Industrial Flex was built in 2009 is currently investment opportunity for sale . Perfect transfer property for a 1031exchange Investor or New venture portfolio expansion. The shopping Center/Commercial/Office space is currently occupied with 4- tenants all with 5-year triple Net leases. This property features Central A/C, 139 KW Green Solar Energy Efficient radiant heat with propane gas back-up, Auxiliary boiler, security system and a wet sprinkler system. The office/retail space can be reconfigured to accommodate up to 8 total spaces making it flexible for a possible future tenant mix. Located on the Rt 101-Rt44 to Rt 74 connector to I84, this is a heavily traveled route from RI to Hartford. Please plan to provide proof of funds or Letter of Credit.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$2,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,280,000 | $2,280,000 | $2,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $5,326 | $5,326 | $5,326 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,305 | $14,411 | $19,240 |
Total Monthly Payment | $18,756 | $19,862 | $24,691 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.