58-62 East St - Storefront FOR SALE


Plainville, CT 06062
$2,700,000 USD
860-883-6013
58-62 East St, Plainville, CT for Sale
$2,700,000 USD
Storefront - FOR SALE
1/6
null | 6.83% Cap Rate

58-62 East St
Plainville, CT 06062


HIGHLIGHTS

  • 93% Occupied with NNN long-term leases
  • Excellent location with easy access to I-84, Rt. 72 and Rt. 372
  • New Capital Expenditures included Roof, HVAC and Newly paved parking lot
  • High Traffic of 17,000 ADT
  • 110 Parking spaces on 1.93 acres in the GC Zone

OVERVIEW

O,R&L Commercial is pleased to present 58 East Street, Plainville, CT for Sale. This 23,000 SF prominent neighborhood retail plaza contains a strong mix of national and local retailers including Subway and Advanced Auto Parts. The building is 1-story. The site has ample parking with 110 surface spaces. Excellent visibility on Rt. 10 with over a traffic count of over 17,000 ADT. The site is easily accessible to Rt. 72, Rt. 372 and I-84. There are over 50,000 people with-in a three-mile radius and an average household income $75,000. This neighborhood plaza benefits from an high number of patrons on a daily basis. There is 1,500 SF space available for lease.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

6.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

58 East Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

CROSS STREETS

East Maple Street

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

GC

APN/PARCEL ID

PLAI-000029-H000000-000001

ASK ABOUT THIS PROPERTY

Luke MassirioO,R&L CommercialMore Info
860-883-6013

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Luke MassirioO,R&L CommercialMore Info
860-883-6013

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