1128 Farmington Ave - Storefront Retail/Office FOR SALE


Bristol, CT 06010- Bristol/Plainville
$1,629,330 USD
925-390-8518
1128 Farmington Ave, Bristol, CT for Sale
$1,629,330 USD
Storefront Retail/Office - FOR SALE
1/2
null | 6% Cap Rate

1128 Farmington Ave
Bristol, CT 06010
Bristol/Plainville


HIGHLIGHTS

  • Double Net Lease – Landlord Responsible for Roof & Structure
  • Long-Term Operating History – Occupied Site Since 1999
  • Corporate Guarantee by Aspen Dental
  • Annual Rent Increases Based on CPI
  • 2024 CAM rec, mgmt. fee equal to 5% of base rent
  • Positioned on Farmington Avenue (US Route 6) – 26,300+ Vehicles Per Day

OVERVIEW

The Kase Group is pleased to present the opportunity to acquire a single-tenant Aspen Dental property located in Bristol, Connecticut. The property is secured by a Double Net (NN) Lease, corporately guaranteed by Aspen Dental, with the current term expiring in December 2028 and no renewal options remaining. The lease features annual rent increases based on the Consumer Price Index (CPI). Aspen Dental has operated at this location since 1999, demonstrating longterm commitment to the site. Strategically positioned along Farmington Avenue (US Route 6), the property benefits from excellent visibility and accessibility, with more than 26,300 vehicles per day passing the site. It is surrounded by a dense concentration of national and regional retailers including Walmart, Home Depot, ALDI, Stop & Shop, ShopRite, Price Chopper, TJ Maxx, Walgreens, CVS, AutoZone, Planet Fitness, Dunkin’, Starbucks, Panera, and Burger King, all contributing to consistent consumer traffic and retail synergy. The property is situated in a market with a growing mix of healthcare, industrial, and commercial infrastructure. Major employers in the area include ESPN’s global headquarters, Otis Elevator Company, and Bauer Inc., all contributing to a stable employment base and daytime population. Healthcare providers such as Bristol Health (154 beds) and Hartford Hospital (867 beds) reinforce demand for dental and medical services. . The surrounding area features strong demographics with over 63,000 residents within 3 miles and an average household income of $102,669. In Association with ParaSell, LLC | A Licensed Connecticut Broker #REB.0792680

FOR SALE DETAILS

PRICE

$1,629,330 USD

PRICE/SF

$539 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Leased Aspen Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

BG

APN/PARCEL ID

BRIS-000046-000000-000010-059820

ASK ABOUT THIS PROPERTY

Jason DenhamThe Kase GroupMore Info
925-390-8518

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Jason DenhamThe Kase GroupMore Info
925-390-8518

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