25 E High St - Freestanding FOR SALE


East Hampton, CT 06424
$2,500,000 USD
203-887-8797
25 E High St, East Hampton, CT for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/3
null | 5.16% Cap Rate

25 E High St
East Hampton, CT 06424


HIGHLIGHTS

  • Strong Commitment and Performance from Dunkin’ and Ace | Dunkin’ recently exercised an extension option for 5-years
  • Value-Add Opportunity with Vacant Space | Approximately 45% of the property is currently vacant
  • Dense and Incredibly Affluent Community | There are approximately 20,280 individuals in a five-mile radius

OVERVIEW

Surmount is pleased to present this value add opportunity for a Dunkin’ and Ace Hardware Strip Center located at 25 E High St, East Hampton, CT 06424. The site consists of roughly 19,210 rentable square feet of building space on an estimated 1.85-acre parcel of land. The weighted average lease term is approximately 7.9 years, and the current net operating income is $129,078.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

5.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value Add East Hampton Neighborhood Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

C

APN/PARCEL ID

EHAM-000005A-000063A-000020

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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