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NNN Auto Garage For Sale 1191 N Colony Rd 4,000 SF Retail Building Wallingford, CT 06492 $750,000 ($187.50/SF) 5.60% Cap Rate
Investment Highlights
- Tenant in place with a 15+ year option to renew.
- Great opportunity for a 1031!
Executive Summary
NNN Garage For Sale! Tenant in place with a 15+ year option to renew. 42k NOI. Great opportunity for a 1031!
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,000 SF
Building Class
B
Year Built
1978
Price
$750,000
Price Per SF
$187.50
Cap Rate
5.60%
NOI
$42,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.37 AC
Zoning
RF40 - Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | WALL-000015-000000-000061 | Improvements Assessment | $208,500 |
| Land Assessment | $210,600 | Total Assessment | $419,100 |
Property Taxes
Parcel Number
WALL-000015-000000-000061
Land Assessment
$210,600
Improvements Assessment
$208,500
Total Assessment
$419,100
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NNN Auto Garage For Sale | 1191 N Colony Rd
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