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NNN Investment Plaza 17 Farmington Ave 35,000 SF 100% Leased Retail Building Plainville, CT 06062 $5,750,000 ($164.29/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased & stabilized NNN leases
- Diverse tenant roster including medical office & personal services
EXECUTIVE SUMMARY
Amodio & Co is pleased to exclusively represent the sale of 17 Farmington Avenue, Plainville, CT - Olde Canal Plaza. This fully leased retail & office plaza offers an incredible NNN investment property in the heart of central Connecticut. Located at main the corner lit intersection of Rt-10, adjacent to CVS, Walgreens, Key Bank, TD Bank, U-Haul, and many others!
PROPERTY FACTS In Escrow
Sale Type
Investment NNN
Property Type
Retail
Building Size
35,000 SF
Building Class
B
Year Built
1987
Price
$5,750,000
Price Per SF
$164.29
Cap Rate
6.90%
NOI
$396,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
3.01 AC
Zoning
GC - General Commercial
Parking
158 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
111’ on Farmington Ave
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | PLAI-000023-B000000-000003-000001 | Improvements Assessment | $1,030,470 |
| Land Assessment | $884,940 | Total Assessment | $1,915,410 |
PROPERTY TAXES
Parcel Number
PLAI-000023-B000000-000003-000001
Land Assessment
$884,940
Improvements Assessment
$1,030,470
Total Assessment
$1,915,410
(860) 674-8908
x102
CONTACTS
-
Eric Amodio, CCIM, MBA -
Frank Amodio, Sr., CCIM -
Amodio & Co. Real Estate
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NNN Investment Plaza | 17 Farmington Ave
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