Investment Sale – 7.54% Cap Rate

EXCLUSIVE INVESTMENT OPPORTUNITY: MISSION-CRITICAL INDUSTRIAL ASSET

14 High Bridge Road, Newtown, CT | Offered at $7,950,000 | 7.54% Cap Rate

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 in distribution and counterfeit mitigation 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, which covers 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).

NOTE: This is an exclusive offering of Advantage Realty Inc. Buyer’s agent participation is welcomed, with compensation to be provided by the Buyer under a separate agreement.

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CONTACT:

J. Michael Struna    Advantage Realty Commercial   203-733-1290 | 📧 Mike@AdvantageRealtyInc.com