354 East St - Freestanding FOR SALE


Plainville, CT 06062
$1,462,000 USD
332-345-4271
354 East St, Plainville, CT for Sale
$1,462,000 USD
Freestanding - FOR SALE
1/3
null | 7.25% Cap Rate

354 East St
Plainville, CT 06062


HIGHLIGHTS

  • Investment Grade Corporate Guarantee
  • Affluent Community
  • Strong Demographics
  • Close Proximity to America’s Oldest Amusement Park

OVERVIEW

Surmount is pleased to present the exclusive listing for a Dollar General located at 354 East Street, Plainville, CT 06062. The site consists of roughly 9,026 rentable square feet of building space on an estimated 1.12-acre parcel of land. Dollar General is subject to a 15.09-year Double Net (NN) lease, which commenced 4/1/2019. The current annual rent is $106,000 and has scheduled increases of 10.00% In Options.

FOR SALE DETAILS

PRICE

$1,462,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

GC

APN/PARCEL ID

PLAI-000042-E000000-000001

ASK ABOUT THIS PROPERTY

Kyle KarsianSurmountMore Info
332-345-4271

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Kyle KarsianSurmountMore Info
332-345-4271

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