1031 Main St - Freestanding FOR SALE
Willimantic, CT 06226 |
$2,495,000 USD
949-244-6644
1031 Main St
Willimantic, CT 06226
HIGHLIGHTS
- CORPORATE O’REILLY AUTO PARTS LOCATION | INVESTMENT GRADE CREDIT S&P: BBB | 6,378 LOCATIONS NATIONWIDE / $17.4-17.7 BILLION IN 2024 REVENUE
- 13.1 YEARS OF FIRM TERM REMAINING | 6.00% RENTAL INCREASES EVERY 5 YEARS STARTING IN YEAR 11 | NN LEASE | MINIMAL LANDLORD RESPONSIBILITIES
- HIGHLY VISIBLE & EASILY ACCESSIBLE LOCATION | HIGH TRAFFIC RETAIL CORRIDOR ALONG ROUTE 66 / MAIN STREET 19,399 VPD
- APPROXIMATELY 1 MILE SOUTH OF HWY 6 (21,917 VPD) VIA THE HIGH STREET ON/OFF RAMP
- 0.30 MILES SOUTH OF EASTERN CONNECTICUT STATE UNIVERSITY (3,178 STUDENTS + 400 FACULTY)
FOR SALE DETAILS
PRICE
$2,495,000 USD
PRICE/SF
$330 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
O'Reilly Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
31
LAND DETAILS
LAND ACRES
0.8 AC
LAND SF
34,848 SF
ZONING
B1A
APN/PARCEL ID
WIND-001203-000031-000012
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949-244-6644
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949-244-6644
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