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1515 Wolcott Rd 4,000 SF 100% Leased Retail Building Wolcott, CT 06716 $900,000 ($225/SF) 6.60% Cap Rate

Executive Summary
This strip center is 100% stabilized and has a mixture of retail tenants. All tenants are NNN - tenants pay maintenance & operating costs.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
C
Year Built
1980
Price
$900,000
Price Per SF
$225
Cap Rate
6.60%
NOI
$59,400
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.95 AC
Zoning
R-30
Frontage
206’ on Wolcott Road
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | WOLC-000118-000007-000235E | Improvements Assessment | $219,780 |
| Land Assessment | $95,450 | Total Assessment | $315,230 |
Property Taxes
Parcel Number
WOLC-000118-000007-000235E
Land Assessment
$95,450
Improvements Assessment
$219,780
Total Assessment
$315,230
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1515 Wolcott Rd
