701 Main St - Freestanding FOR SALE


Monroe, CT 06468
$1,750,000 USD
203-257-1519
701 Main St, Monroe, CT for Sale
$1,750,000 USD
Freestanding - FOR SALE
1/18
null | 7.59% Cap Rate

701 Main St
Monroe, CT 06468


HIGHLIGHTS

  • National Credit Tenant
  • Stand alone building
  • Abundant parking

OVERVIEW

Investors Take Note! This property was just reduced to increase the Cap Rate to over 7.5%!! This is an ideal Triple Net (NNN) investment grade opportunity. Abundant parking and parking expansion, means there is room for more to be built! A National Credit Tenant who is operating Recession Resistant Retail (Ensemble Performing Arts) business located in the heart of desirable Fairfield County. Strong Credit tenant in place with triple-net lease. Very well-built and well-maintained property with excellent parking and great traffic count on busy route 25. Perfect for a 1031 exchange buyer.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

7.59%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

B1

APN/PARCEL ID

MONR-000082-000037

ASK ABOUT THIS PROPERTY

Steve OzyckHiggins Group Private Brokerage - Commercial DivisMore Info
203-257-1519

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Steve OzyckHiggins Group Private Brokerage - Commercial DivisMore Info
203-257-1519

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