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B3Management Group LLC

$2,400,000

915 South Street, Suffield, CT 06078

Active
Last Updated: 06/01/2023

6.3

Cap Rate

14,500 sqft

Building Size

Details:
Cap Rate:    6.3%
Building Size:    14,500 sqft
Lot Area:    1.92 acres
Occupancy:    100%
Units:    1
Year Built:    2020
Zoning:    PDID Enterprise zone
Floors:    2
Parking Spots:    40
Roof:    Metal
Heating:    Gas Hot Air`
Cooling:    Central Gas
Description:

Fantastic investment opportunity in this building completed in 2020 purpose built for a well established Micro Brewery manufacturing and service business. Sellers are offering a Sale Leaseback opportunity with a minimum 10 year lease with renewal options. Busy Taproom features multiple beers on tap for customer enjoyment, as well as retail to go sales. This business has a prescience throughout New England through regional distribution. The full kitchen provides a well rounded Taproom menu to further make this a destination location for its patrons. Property features public water supply for kitchen and operational areas. Also has a separate well for beer manufacturing. High traffic easy to find location near Bradley International Airport and Interstate I-91. Current lease will be extinguished upon successful closing and new lease to be executed with Terms of minimum 10 years with renewal options for 2 additional 10 year terms.

This building features all top end finishes to enhance the visitor experience. This tenant has it all…….Large Taproom tasting and serving area with recently added covered outdoor patio/deck. Well designed and efficient Brewing and Canning operations area. plenty of warehouse space for finished product. The tenant is also set up for distribution of TOGO products.

This Brewery has recently received recognition as the Best Brewery in New England. See related article here: https://homeandartmagazine.com/voted-best-brewery-in-connecticut/. (May need to Cut and paste URL)


Close proximity and easy access to major highway I91

Bradley International Airport within 5 miles

Easy access to Springfield MA and Hartford CT

Less than 2.5 hours from New York or Boston


Absolute NNN allowing investor to have hands off Investment with a long term lease

Newer well maintained building with no differed maintainence

City Water for facility and kitchen operations, Well Water for Brewing operations.

Map:
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