Monroe, CT – It was announced today that the 13,300 square foot industrial building on 5.4 acres located at 74 Enterprise Drive in Monroe Connecticut, has been sold to G I Johns for $1,400,000 or $105.26 per square foot. The property has additional expansion for future development.
G. I. Johns is a provider of portable toilet and hand-wash products. The company is a certified service-disabled Veteran owned small business and is staffed by its Veteran owners. The company will utilize a portion of the building which has additional tenants presently in place. The building is fully occupied.
Bruce Wettenstein, SIOR & Partner with Vidal/Wettenstein of Westport was the listing broker, and Jeanette Politano of Coldwell Banker, Trumbull, represented the purchaser. Willinger Willinger & Bucci was legal counsel for the seller.