Bozrah FOR LEASE – 1st & 2nd Floor Retail/Office Space

First Floor:
$1,500/month Gross + Utilities
~1,500 SF w/ reception window & lobby area, open floor concept.
Second Floor:
$900/month Gross + Utilities
~840 SF w/ two offices and file room.
Located just over Norwich
town line
Easy access to I-395
Traffic Count: 6,300 ADT
Other Tenants: Bozrah Pizza, Currie’s Plumbing & HVAC, Small Jay CPA

Norwich To Be Built Data Center/Distribution Center Manufacturing/Warehouse Facility

17.16 Acre lot. To Be Built Data Center/Distribution Center Manufacturing/Warehouse Facility , 36′ clear ceiling height. Pre-
Cast Concrete/Tilt Up construction. Vehicle Parking: 285 Spaces, Van Parking: 209 Spaces, Van Staging: 80 Spaces, Loading
Docks: 12 Spaces. Frontage: 1,027 Ft. 12” Municipal Water Line, 8” Sewer Line, Gas Line (600 P.S.I.) Electrical Service: 1,200
(approx.), Year Built: 2022 (Planned), Zoned: Business Park Minimum 10 year term. Parcel has frontage on Connecticut Ave
and Vergason Ave. Land is part of Norwich Business Park. Easy access to Route 2, Route 32 & I-395.

Montville Commercial Land @ Traffic Light Near Casino

One mile to Mohegan Sun. 3 parcels being sold together. #2268 = 1.43 Ac, #2280 = 0.21 Ac, #2284 = 1.72 Ac. Total Acres = 3.36. 0.2 mile to Route 2A. Close to I-395. Close to bridge to Preston, Route 12. Public Water & Sewer. Frontage: 412 Ft. Zone: C-1 Commercial. Taxes: $23,626 (all). Traffic Count: 19,600.

Danielson 2,975 SF Office/Retail former Medical Clinic Space

In a General Commercial Zone located 580 feet from I-395 and between routes 12 & 395. Ample parking, (144 spaces) co-tenants include a nail spa, Danielson Pharmacy, Community Health Resources, USDA, and others. Conveniently located right off Exit 38 I-395 and near national credit tenants. Grade level, 10′ clear to bar joist, Ample parking Approximately 144 spaces total, Gas Heat, Next to Danielson Pharmacy, Next to Community Health Resources

For Sale Three buildings on Total Acres: 34.06

Call Agent For Pricing.
For Sale or Lease Three buildings on Total Acres: 34.06, Public Water & Public Gas. Zone: C-I
Commercial Industrial. Allowed Uses: Medical Facility, Cannabis Cultivation & Sales, Distribution, Special Education, Office, Flex
space, Retail, Warehouse, Manufacturing. Proposed Changes: New City gas heat & central AC, New Building Exteriors, New
Roofs, New Windows, New Asphalt, and New Landscaping.
Also for Lease. Agent is Owner

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Lyman Guide

Ways to Financially Analyze a Commercial Real Estate Investment

Commercial real estate (CRE) is a numbers game

So, financial analysis is the foundation for making informed commercial real estate decisions

  • Helps you evaluate financial performance, investment return, property values
  • Helps you arrive at the value of a purchase, compare purchase options

Key measures

  • Net operating income (NOI)
    • NOI = gross income — operating expenses
    • Lenders use this to determine the maximum loan amount they’ll approve
  • Debt-service-coverage ratio (DSCR)
    • DSCR = NOI / annual debt service
    • Tells you the cash flow available to service the property’s debt
    • DSCR of 1.25 or higher normally adequate for a CRE investment
  • Capitalization rate (cap rate)
    • Cap rate = NOI / property’s market value
    • Used to determine the rate of return expected on an investment property
    • Can also calculate a property’s value based on a desired rate of return, using the following formula:
      • Property value = NOI / cap rate
    • Useful for comparing the relative values of alternative CRE investments
    • Higher cap rate generally indicates a higher return, but also, typically, a higher risk
  • Return on Investment (ROI)
    • REI = NOI / amount invested
    • The higher the ROI, the better the investment
  • Cash-on-cash return (CoC)
    • CoC = annual pretax cash flow / total cash invested
    • The higher the CoC return, the better the investment