742 Ellington Rd - Office FOR SALE


South Windsor, CT 06074 | 
$6,544,641 USD
914-403-7574
742 Ellington Rd, South Windsor, CT for Sale
$6,544,641 USD
Office - FOR SALE
1/3
null | 6.5% Cap Rate

742 Ellington Rd
South Windsor, CT 06074


HIGHLIGHTS

  • Long-Term Absolute NNN Lease with Built-In Rent Growth
  • Corporate Guarantee from Established Childcare Operator
  • Affluent and Dense Surrounding Customer Base
  • Positioned Near Strong National & Regional Retailers

OVERVIEW

Surmount is pleased to present the exclusive listing for a BrightPath located at 742 Ellington Road, South Windsor, CT 06074. The site consists of roughly 16,070 rentable square feet of building space on an estimated 2.8-acre parcel of land. BrightPath is subject to a 15-year Triple Net (NNN) lease, which commenced 8/23/2023. The current annual rent is $425,402 and has scheduled increases of 1.429% Annually

FOR SALE DETAILS

PRICE

$6,544,641 USD

PRICE/SF

$407 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BrightPath

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

RC

APN/PARCEL ID

SWIN-000024-000000-000001

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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