101 Ella Grasso Tpke - Restaurant FOR SALE


Windsor Locks, CT 06096- Enfield/E Windsor/Windsor Locks
$4,150,000 USD
215-603-6914
101 Ella Grasso Tpke, Windsor Locks, CT for Sale
$4,150,000 USD
Restaurant - FOR SALE
1/8
null | 6.75% Cap Rate

101 Ella Grasso Tpke
Windsor Locks, CT 06096
Enfield/E Windsor/Windsor Locks


HIGHLIGHTS

  • The NNN lease is corporately guaranteed by Ruby Tuesday, Inc. and includes zero landlord responsibilities.
  • Ruby Tuesday has operated at this location for 18 years and exercised its first 5-year option early.
  • The property is adjacent to Bradley International Airport (6.6M passengers in 2024) and 14.6M SF of logistics space.
  • The lease includes 2% annual rent increases through the remaining 7-year term and three 5-year options.
  • The site is directly next to a Fairfield Inn and less than 1 mile from over 1,000 hotel rooms.
  • The 1.77-acre parcel includes a 5,710 SF building with 106 parking spaces and exposure to 100,000+ VPD. Ask ChatGPT

OVERVIEW

CBRE is pleased to exclusively present for sale this corporately guaranteed Ruby Tuesday located in Windsor Locks, Connecticut. Backed by Ruby Tuesday, Inc. — a wholly owned subsidiary of NRD Capital — the property is under a true NNN lease with zero landlord responsibilities, including tenant responsibility for roof and structure. This completely passive investment offers stable, long-term income with 2% annual rental increases throughout the remaining 7 years of the base term and all three 5-year renewal options, providing reliable yield growth and inflation protection.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$727 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ruby Tuesday | Windsor Locks, CT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

107

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

B1

APN/PARCEL ID

WINL-000039-000125-000042

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.