Cap Rate
6.50%
Year Built
2005
Leasable Area
15,133 SF
Term Remaining
±6.5 Yrs
NOI
$375,000
Property Type
Retail
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- Rare Financing opportunities available to qualified buyers
★ Terms: 5.75% Interest Rate, 25–30-year amortization, 65% LTV Maximum, 5-year term maximum, No Pre-Payment Penalty - Immediately Located off the Entrance and Exit for Major Freeway CT Tpke: With over 126,700 VPD, and directly on Boston Post Road,
a high-density retail corridor running through the state with 31,400 VPD. - Strategically Located: Less than a quarter mile from the Connecticut Post Mall, home to over 150 stores and shops.
- Exciting new development across the street
- Nearby National Retailors: Down the street from Starbucks, Shoprite, McDonalds, and Cumberland Farms gas station with ATM access.
- Term Remaining: 6.5 years left on the original lease, with ten, 5-year options.
- Minimal Landlord Responsibilities: Absolute NNN lease provides a passive and secure stream of income.
- Prototypical Free-Standing Building with Drive Thru.
Broker of Record
- Kyle Matthews
- License No. REB.0790986
- (866) 889-0550
- Matthews Real Estate Investment Services
- 1600 West End Ave.,
Suite 1500 Nashville, TN 37203