1-77 S Main St
Torrington, CT 06790
Torrington Plaza · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
122,348 SF
Building Class
B
Year Built/Renovated
1975/1991
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
13 Exterior
Building FAR
0.22
Lot Size
12.51 AC
Zoning
Commercial
Parking
548 Spaces (4.48 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Waterfront
ABOUT 1-77 S MAIN ST , TORRINGTON, CT 06790
125,496 SF Value-Add, Shopping Center located in strategic Connecticut Opportunity Zone, priced well below replacement cost. Torrington Plaza's tenancy is comprised of 86% national tenants including Staples (which recently extended for 5 years), Dollar General and Sally Beauty. It has a strong CAGR of 7.7% providing upside for Investors through lease up, fixed rent bumps and below market rents.
PROPERTY TAXES
| Parcel Number | TORR-000117-000024-000001 | Improvements Assessment | $5,082,060 |
| Land Assessment | $1,117,830 | Total Assessment | $6,199,890 |
