22 Tolland Tpke
Willington, CT 06279

Dollar General · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Favorable Tri-State Location: 20 Miles Northeast of Hartford
  • High-Income Local Population: Over $132,000 Average Household Income Within 5-Miles
  • Strong Surrounding of Retailers: Nearby Retailers Include Dunkin’, Willington Wine & Spirits, and USPS
  • Zero Landlord Responsibilities: Absolute NNN Lease Structure
  • Close Proximity to Interstate: About a Half Mile from I-84 which see’s over 64,200 VPD

EXECUTIVE SUMMARY

Long-term Lease: Tenant Has 9.5 Years Remaining in Base Term
Investment Grade Credit: Dollar General Has Over 17,000 Stores

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Price
$1,722,000
Price Per SF
$189
Cap Rate
7.65%
NOI
$131,733
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.66 AC
Zoning
DC - Commercial
Parking
12 Spaces (1.32 Spaces per 1,000 SF Leased)

PROPERTY TAXES

  • Listing ID: 33826285

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 22 Tolland Tpke, Willington, CT 06279