101 Ella Grasso Tpke - Restaurant FOR SALE
Windsor Locks, CT 06096- Enfield/E Windsor/Windsor Locks |
$3,361,894 USD
214-295-8753
101 Ella Grasso Tpke
Windsor Locks, CT 06096
Enfield/E Windsor/Windsor Locks
HIGHLIGHTS
- Adjacent to Bradley International Airport | 6M Annual Passengers: The Property benefits from its immediate proximity to Bradley International Airport
- Large Parcel | 1.77 AC: Situated on an expansive 1.77-AC lot, the Property offers excellent site functionality, strong residual land value
- Absolute NNN Lease | Corporate Guarantee: The asset is secured by a corporately guaranteed lease from Ruby Tuesday, Inc. and an absolute NNN lease
- Built-In Rent Growth | 2% Annual Increases: The lease features 2% annual rent escalations, offering steady income growth and a hedge against inflation
- Strong Traffic Counts | 22,000 VPD: The Property is positioned along a heavily trafficked corridor with over 22,000 vehicles per day
- Strategic Location Between Major MSAs: The Property is ideally situated between Hartford, CT and Springfield, MA, and just 15 minutes from downtown Ha
FOR SALE DETAILS
PRICE
$3,361,894 USD
PRICE/SF
$589 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Ruby Tuesday
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
107
LAND DETAILS
LAND ACRES
1.77 AC
LAND SF
77,101 SF
ZONING
BUS1
APN/PARCEL ID
WINL-000039-000125-000042
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214-295-8753
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214-295-8753
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