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For Sale | $3,595,000
INVESTMENT OPPORTUNITY | 25,759± SF RETAIL BLDG
Luke Massirio
O: (860) 761-6016
C: (860) 883-6013
[email protected]
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Highlights
- Investment Property For Sale
- 2 Tenants with Long-term Leases
- Dollar General
- MHQ
- 25,759± SF (5,499± SF Addition)
- 1-Story Retail / Flex Building
- Built in 1974
- Renovated in 2012
- 3.31± Acres in the NPC Zone
- High Traffic Retail Area
- 15,400± ADT
- Stable Tenants with long history of occypancy and significant lease terms with renewal options.
Property Description
O,R,&L Commercial is pleased to present an Investment Opportunity of a 25,759 SF Retail Building at 750 Newfield Street in Middletown, CT. The building, 1 story retail / flex built in 1974 and renovated in 2012, retains two sticky tenants that have held occupancy for 10 years. The tenants have since exercised early renewal options (DG & MHQ) and expansion (MHQ). The property is situated on 3.31 acres in the NPC Zone and is in a high traffic retail trade area of 15,463 ADT.