158 New Britain Ave - Office FOR SALE
Rocky Hill, CT 06067 |
158 New Britain Ave
Rocky Hill, CT 06067
HIGHLIGHTS
- Office or retail property, recently constructed in 2016, leased to Kiddie Academy with built-out classrooms, lockers, and a playground.
- Profitable opportunity to obtain secure cash flow through a 15-year leaseback with a highly successful tenant.
- Located in condominium association off Route 160, seeing 11,870 vehicles daily and within two miles of I-91, US 5, and Route 3.
- In an area with a growing population and high household income levels of $114,456 within two miles.
- Profitable opportunity to obtain secure cash flow through 15-year leaseback with highly successful tenant with 10-year limited personal guarantee.
- Leased to Kiddie Academy, which is looking to sign for 15-year leaseback including a declining limited personal guarantee for 10-years.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
15-year Leaseback on Office/Retail Space
PROPERTY TYPE
Office
ADD'L SUBTYPES
Loft/Creative Space
TOTAL BUILDING SIZE
10500
STORIES
3
BUILDING CLASS
B
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
1.18 AC AC
LAND SF
51,401 SF
ZONING
-
APN/PARCEL ID
-
