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Presented by
Rebecca Doh |
Hollow Brook Commons * 35, 018 SF industrial flex * 6. 4 acres * 24' ceilings * Move-in ready manufacturing space * 4 NNN tenants in place * Built 2009 * Route 44 access Public Remarks: Hollow Brook Commons at 39 Nott Highway offers a rare owner-user opportunity with built-in income on 6. 4 acres in Ashford, Connecticut. The 35, 018 square foot industrial flex facility, constructed in 2009, is ideally suited for light industrial manufacturing, assembly, warehousing, or specialty production operations, featuring approximately 24-foot ceilings and flexible interior configurations. An owner-occupant can immediately utilize available space while benefiting from four existing tenants secured by five-year triple net leases, generating additional income and helping offset operating costs. The current layout supports professional office, retail, and light industrial uses, with the ability to reconfigure into as many as eight total suites for future expansion or tenant diversification. Building systems include central air conditioning, a 139 kW solar energy system supporting energy efficiency, radiant heat with propane gas backup, auxiliary boiler, wet sprinkler system, and security infrastructure. The modern construction and clear-span characteristics provide functionality for a wide range of industrial and commercial users. Located in the Town of Ashford, postal city Ashford, 39 Nott Highway is positioned along the Route 44 and Route 101 corridor with convenient access to R
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William Raveis Real Estate
Phone: 860.601.4406
Rebecca.Doh@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,912,000 | $1,912,000 | $1,912,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.689% |
| Monthly Tax Payment | $5,639 | $5,639 | $5,639 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,558 | $11,310 | $15,750 |
| Total Monthly Payment | $16,322 | $17,074 | $21,514 |
* 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.