14 High Bridge Road, Newtown, CT 06482 (MLS # 24131716)

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PRICE $7,950,000 SIZE 72,120 sqft LOT SIZE 8.02 ac

EXCLUSIVE INVESTMENT OPPORTUNITY: MISSION-CRITICAL INDUSTRIAL ASSET 14 High Bridge Road, Newtown, CT | Offered at $7,950,000 We are pleased to offer the exclusive opportunity to purchase 14 High Bridge Road, a purpose-built, highly specialized industrial property located in the desirable Northern Fairfield County, Newtown Submarket, Connecticut. This investment features a stable, specialized tenant operating under a long-term, triple-net lease. Investment Highlights: Stable Income & Future Security Strategic Tenant Profile The property is leased to SMT, Corp., a Connecticut corporation specializing as a distributor and counterfeit mitigation firm for high-reliability, obsolete, and hard-to-find electronic components, primarily serving the commercial aerospace and U.S. defense industries. SMT Corp. is considered a "gold standard in counterfeit" detection for electrical components in the defense and aerospace supply chain. Institutional Backing: SMT was acquired in late 2022 by Certify Holdings, Inc., a private investment vehicle formed by Harwood Capital, an affiliate of the North Atlantic Smaller Companies Investment Trust plc (NASCIT). NASCIT provides debt financing to SMT via 11% and 15% USD loan notes and views the company as strategically well-positioned, benefiting from geopolitical tensions and the scarcity of high-end counterfeit testing capacity. Tenant Commitment: The tenant's continued investment in the facility, including expanding its lab testing capabilities in 2025 to meet stringent standards (like AS6171 High Risk Level 2), signals long-term intent. Favorable Lease Structure The lease, dated September 2022, is structured to maximize passive income and stability: Lease Term: The initial term expires on September 30, 2027. Extension Options: The lease includes four (4) options to renew, each for a five (5) year period, providing up to 20 years of potential tenancy beyond the initial term. Net Structure: The lease requires the Lessee to pay Base Rent plus Additional Rent covering Taxes and Insurance, thereby operating substantially as a triple-net (NNN) arrangement. Annual Escalation: Base Rent increases by one percent (1%) on each anniversary of the Commencement Date. Security: A security deposit of $96,000.00 is held for the faithful performance of the lease obligations. High-Quality, Specialized Industrial Asset The property, located at 14 High Bridge Road (Sandy Hook), consists of land and buildings situated on approximately 8.02 acres. The facility is zoned M-4 Industrial. Building Details: The modern facility, completed in 2004, contains approximately 71,640 square feet of space (with 66,380 SF of living area and a gross area of 70,440 SF). The structure is a one-story Light Industrial style building with a Concrete/Cinder Block and Pre-Fin Metal exterior. Purpose-Built Infrastructure: The property is a state-of-the-art facility custom-designed for electronics distribution and testing, featuring over 60,000 sq. ft. of ESD-safe (electrostatic discharge safe) flooring and environmentally controlled warehousing with dehumidification to protect sensitive components. Amenities and Safety: The building is equipped with central air conditioning (AC Type Central), forced air natural gas heat, and comprehensive wet sprinklers covering 72,120 square feet. The site includes advanced security systems. Site Features: The lot size is 8.02 acres, with a significant paved asphalt area (45,000 SF) for maneuvering and parking. The property is located in an area of minimal flood hazard (FEMA Flood Zone X). This may be combined with the adjacent 11.5 acres for sale at $1,200,000 for the creation of a high-tech corporate campus with possible access to rail.