Investment Overview

Marcus & Millichap is pleased to present 8 Herman Drive, Simsbury, Connecticut, a multi-tenant industrial investment property consisting of four separately leased units. The property is offered at $1,400,000 and generates an in-place Net Operating Income of $105,210. The building is fully occupied by three long-term tenants, all of whom are currently paying below-market rental rates. Two of the three leases are triple-net and include 3% annual base rent increases, while the remaining tenant has approximately three years of lease term remaining on a gross lease. The property is fully sprinklered and designed for light industrial use. The exterior features a metal industrial façade, standard vehicle access, and six overhead doors. Each unit is individually accessible. The building is served by a flat commercial roof with a 60-mil reinforced TPO membrane (recent installation per owner and assessor records). The property is situated on a parcel that spans Simsbury and East Granby, with access to local and regional roadways serving the Farmington Valley and Greater Hartford markets. The site is located in close proximity to Simsbury Airport, supporting accessibility for service-oriented and industrial users. 8 Herman Drive represents a stabilized multi-tenant industrial asset with in-place income, long-term occupancy, and established operating characteristics.