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Bristol, CT 15 Memorial Blvd

26,387 SF 100% Leased Retail Building Bristol, CT 06010 $3,200,000 ($121/SF) 7.58% Cap Rate

Investment Highlights

  • 26,387 SF Retail Building
  • Traffic Count is 9,950 ADT
  • Signage: On-Building & Pylon
  • 1 Story on 1.58± acres
  • 6.31/1000 parking ratio
  • High Ceilings & Drop Ceilings

Executive Summary

O,R&L Commercial is pleased to present the opportunity to acquire a 26,387 SF Retail Building located at 15 Memorial Boulevard in Bristol, CT. This fully leased single story retail building has 3 tenants. The property is situated on 1.58 acres in the BD-1 zone with a parking ratio of 6.31/1000, a traffic count of 9,950 ADT, and 330' frontage.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
26,387 SF
Building Class
C
Year Built
1935
Price
$3,200,000
Price Per SF
$121
Cap Rate
7.58%
NOI
$242,560
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Land Acres
1.58 AC
Opportunity Zone
Yes
Zoning
BD-1 - Downtown Business
Parking
164 Spaces (6.31 Spaces per 1,000 SF Leased)
Frontage
330 FT on Memorial Blvd

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BRIS-000030-000000-000120
Land Assessment
$152,250
Improvements Assessment
$1,195,530
Total Assessment
$1,347,780
  • Listing ID: 29664102

  • Date on Market: 9/30/2023

  • Last Updated:

  • Address: 15 Memorial Blvd, Bristol, CT 06010

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