22 Tolland Tpke
Willington, CT 06279
Dollar General · Retail Property For Sale
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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
Investment Grade Credit: Dollar General Has Over 17,000 Stores
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
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
Parcel Number | WILL-000000-000000-173200 | Improvements Assessment | $658,830 |
Land Assessment | $256,790 | Total Assessment | $915,620 |