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Sale Leaseback Offering

1012 Buckingham Street, Watertown, CT

Recently expanded 43,200 s.f. modern manufacturing facility on 5.7 acres

February 2020

1012 Buckingham | Watertown CT

The Offering

As the exclusive sales agent, JLL is pleased to offer a saleleaseback of a 43,200 square foot modern manufacturing facility on 5.74 acres. The building features 20' clear ceiling heights, clear span construction, four (4) loading docks, two (2) drive-in-doors, a 3 ton overhead crane, 4,400 s.f. of office space and heavy power. In late 2018, 9,000 s.f. of air conditioned manufacturing space was added to the facility.

1012 Buckingham Street is well located in an established industrial area (Watertown Business Park) and offers convenient access to Route 8 at Exit 37. Corporate neighbors include FedEx, Crystal Rock Water, and UPS.

OFFERING HIGHLIGHTS

? Recently expanded 43,200 s.f. modern manufacturing facility

? Convenient Route 8 access/egress at Exit 37

? Four (4) loading docks and two (2) drive-in doors

? 20' clear height with 60' clear span construction

? Heavy Power with three separate electrical services

? KKSP Precision Machining will enter into a five (5) year leaseback starting at $5.00 per s.f. triple net (NNN) with three (3) renewal options of five (5) years each.

PROPERTY SUMMARY

? Building Address:

? Building Size: ? Land Area: ? Year Built: ? Parking: ? Loading:

? Power:

? Zoning:

1012 Buckingham Street Watertown, CT

43,200 s.f. with 4,400 s.f. of office space

5.74 acres

1982 (34,200 s.f.) | 2018 (9,000 s.f.)

Approximately 68 car parking

Four (4) loading docks Two (2) drive-in-doors

Three (3) separate electrical services Up to 3,000 amps / 480 volts 3 Phase

IR20 ? Industrial Park

The Litchfield County, Waterbury and Naugatuck Valley industrial markets are experiencing historically low vacancy rates, rising lease rates, and record breaking sale prices.

? 2020 Jones Lang LaSalle IP, Inc. All rights reserved.

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Contact Information

Shawn McMahon

Managing Director Brokerage +1 860 702 2833 shawn.mcmahon@am.

90 State House Square| Hartford, CT 06103

1012 Buckingham | Watertown CT

Copyright ? Jones Lang LaSalle IP, Inc. 2020

This publication is the sole property of Jones Lang LaSalle and must not be copied, reproduced or transmitted in any form or by any means, either in whole or in part, without the prior written consent of Jones Lang LaSalle. The information contained in this publication has been obtained from sources generally regarded to be reliable. However, no representation is made, or warranty given, in respect of the accuracy of this information. We would like to be informed of any inaccuracies so that we may correct them. Jones Lang LaSalle does not accept any liability in negligence or otherwise for any loss or damage suffered by any party resulting from reliance on this publication.

Any opinion or estimate of value of any asset in this presentation is based upon the high-level preliminary review by JLL. It is not the same as the opinion of value in an appraisal developed by a licensed

appraiser under the Uniform Standards of Professional Appraisal Practice. JLL expressly disclaims any liability for any reliance on any opinion or estimate of value in this presentation by any party.

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