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Torrington PRIME Development Opportunity 1144 E Main St 6,104 SF Office Building Torrington, CT 06790 $1,900,000 ($311.27/SF)



Investment Highlights
- 1.08 Acre Prime Hard Corner Lighted Intersection Site
- 24,900 VPD Traffic Count
- 6,000+ Sqft Buildings
- Surrounded by National Tenants, including Starbucks next door
Executive Summary
This exceptional commercial property is strategically positioned along a heavily traveled Main Street, immediately adjacent to a newly constructed 4,000± SF Starbucks. The site benefits from outstanding visibility, strong traffic counts, and a dominant retail trade area anchored by national retailers including Walmart, Target, Home Depot, BJ’s Wholesale Club, Chipotle, Wendy’s, and numerous additional national and regional brands.
The property offers flexibility for both owner-users and developers. An end user may occupy the primary freestanding building of approximately 4,750± SF while generating supplemental income from the additional 1,404± SF freestanding building situated on the corner portion of the site.
Alternatively, the location presents a compelling redevelopment opportunity suited for a national or regional tenant seeking a premier presence in a proven retail corridor. During the entitlement and planning phase, investors can benefit from existing income streams, including NNN lease payments from SightMD with approximately five years remaining, in addition to revenue generated by the secondary building.
This is a rare opportunity to secure a highly visible, income-producing asset in a premier retail location with significant long-term upside.
The property offers flexibility for both owner-users and developers. An end user may occupy the primary freestanding building of approximately 4,750± SF while generating supplemental income from the additional 1,404± SF freestanding building situated on the corner portion of the site.
Alternatively, the location presents a compelling redevelopment opportunity suited for a national or regional tenant seeking a premier presence in a proven retail corridor. During the entitlement and planning phase, investors can benefit from existing income streams, including NNN lease payments from SightMD with approximately five years remaining, in addition to revenue generated by the secondary building.
This is a rare opportunity to secure a highly visible, income-producing asset in a premier retail location with significant long-term upside.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,104 SF
Building Class
B
Year Built/Renovated
1960/2017
Price
$1,900,000
Price Per SF
$311.27
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,104 SF
Building FAR
0.13
Lot Size
1.08 AC
Zoning
LB - Retail / Office
Parking
31 Spaces (5.08 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- SightMD
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| SightMD | - | - | - | - |
1 1
Property Taxes
| Parcel Number | TORR-000133-000010-000011 | Improvements Assessment | $310,310 |
| Land Assessment | $50,960 | Total Assessment | $361,270 |
Property Taxes
Parcel Number
TORR-000133-000010-000011
Land Assessment
$50,960
Improvements Assessment
$310,310
Total Assessment
$361,270
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Torrington PRIME Development Opportunity | 1144 E Main St
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