845 Sullivan Ave - Fast Food FOR SALE


South Windsor, CT 06074
$2,950,000 USD
860-729-6810
845 Sullivan Ave, South Windsor, CT for Sale
$2,950,000 USD
Fast Food - FOR SALE
1/10
null | Request Cap Rate

845 Sullivan Ave
South Windsor, CT 06074


HIGHLIGHTS

  • Dairy Queen Grill & Chill operated by a multi-unit franchisee.
  • Brand new 20 year lease with rental increases.
  • Sale includes a former miniature golf course and batting cages. Can be redeveloped or reopened for additional income.
  • Excellent visibility in a high traffic area with over 14,500 vehicles per day on Sullivan Avenue
  • Highway access; 3.6 miles, 10 minute to Interstate-84

OVERVIEW

Prime Investment Opportunity in South Windsor, CT New England Retail Properties, Inc. has been exclusively tasked for the sale of the Diary Queen Grill & Chill and the additional land located at 845 Sullivan Ave, South Windsor, CT. This 2,620 sq. ft. asset sits on 3.4 acres on Sullivan Avenue, Rte. 194, which experiences over 14,500 vehicles per day. As part of the property, there is a former miniature golf and batting cages, that consisted of approximately 1.7 acres of the total 3.4 acres. Presenting the opportunity for redevelopment or additional income. Dairy Queen has been operating at this location since 2012. In April of 2026, a multi-unit operator has signed a brand new 20-year lease with 3% increases every year starting in year-3.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

C

APN/PARCEL ID

SWIN-000100-000000-000042

ASK ABOUT THIS PROPERTY

Matthew HalprinNew England Retail Properties, Inc.More Info
860-729-6810

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Matthew HalprinNew England Retail Properties, Inc.More Info
860-729-6810

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