Plaza & Free Standing Restaurant

Shopping Center for Sale
Catylist Listing ID: 30535631
Property Subtypes: Strip Center
Building Size (RSF): 4,309 SF
Gross Building Area: See Agent
Sale Price: $950,000
Unit Price: $220.47 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2020

Overview / Comments

3,125 sq.ft. strip plaza with 3 economic units (beauty salon, day spa, sales office)
& 1.184 sq.ft. free standing restaurant with drive thru window (former Dunkin Donuts). Built in 2004, this is an attractive, well maintained property. Each unit has separate heat and electric. In/out curb cuts plus drive thru exit. 11,200 cars per day, sign directory. Restaurant is currently available for occupancy.

Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Tax ID/APN: 15-B-02
Retail Clientele: Business
Property Visibility: Excellent
Feet of Frontage: 150
Traffic/Vehicle Count: 11,200
Highway Access: Farmington Avenue is Route 10
Site Description: Level, Open, and landscaped
Area Description: commercial with residential nearby including elementary school.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 2004
Roof Type: Flat
Construction/Siding: Vinyl Siding
Exterior Description: Well landscaped, maintenance free vinyl siding.
Parking Type: Surface
Parking Description: Lined parking lot between the two buildings. In and Out lanes plus exit for drive thru window.
Total Parking Spaces: 23
Sprinklers: None
Heat Type: Electricity, Natural Gas, Propane
Heat Source: Wall Units, Ceiling Units, Heat Pump
Air Conditioning: Package Unit, Other
Internet Access: Cable
Interior Description: Built to suit with sheetrock, wall to wall and tile. Restaurant has a walk in refrigerator/freezer combination. Both buildings have full basements.
Zoning Description: GC General Commercial
Lot Frontage: 150
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,362 62,648 192,743
Median Age: 43.84 41.14 39.38
Households: 1,804 25,732 77,651

Contact

Photograph of Listing Agent

Joel Witkiewicz, CCIM

Advance Realty CT, LLC CTCList Member
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