For Sale | $2,700,000
FOR SALE | 23,000± SF RETAIL PLAZA WITH 93% OCCUPANCY | 6.83% CAP RATE | NOI $184,478
Luke Massirio
O: (860) 761-6016
C: (860) 883-6013
[email protected]
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Highlights
- Retail Plaza For Sale
- Prime Investment Property
- 6.83% CAP RATE
- NOI $184,478
- 1,500± SF Space Available
- 93% Occupancy
- 1 Story on 1.93± Acres
- Newly Renovated
- Zoning: GC
- Traffic: 17,000± ADT
- 110 Parking Spaces
- Excellent Visibility
- Easy Access to I-84 & Rt 72
Property Description
O,R&L Commercial is pleased to present 58 East Street, Plainville, CT For Sale. This prime investment property has 1 space available 1,500 SF. This 23,000 SF prominent neighborhood retail plaza contains a strong mix of national and local retailers including Advanced Auto Parts. The building is 1-story. The site has ample parking with 110 surface spaces. Excellent visibility on Rt. 10 with over a traffic count of over 17,000 ADT. The site is easily accessible to Rt. 72, Rt. 372 and I-84. There are over 50,000 people with-in a three-mile radius and an average household income $75,000. This neighborhood plaza benefits from an high number of patrons on a daily basis.