Bristol, CT | 15 Memorial Blvd
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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
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
Parcel Number | BRIS-000030-000000-000120 | Improvements Assessment | $1,195,530 |
Land Assessment | $152,250 | Total Assessment | $1,347,780 |
PROPERTY TAXES
Parcel Number
BRIS-000030-000000-000120
Land Assessment
$152,250
Improvements Assessment
$1,195,530
Total Assessment
$1,347,780
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Bristol, CT | 15 Memorial Blvd
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