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354 East St
Plainville, CT 06062
Dollar General · Retail Property For Sale
Investment Highlights
- Investment Grade Corporate Guarantee
- Strong Demographics
- Affluent Community
- Close Proximity to America’s Oldest Amusement Park
Executive Summary
Surmount is pleased to present the exclusive listing for a Dollar General located at 354 East Street, Plainville, CT 06062. The site consists of roughly 9,026 rentable square feet of building space on an estimated 1.12-acre parcel of land. Dollar General is subject to a 15.09-year Double Net (NN) lease, which commenced 4/1/2019. The current annual rent is $106,000 and has scheduled increases of 10.00% In Options.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2019
Price
$1,462,000
Price Per SF
$161.98
Cap Rate
7.25%
NOI
$106,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.12 AC
Zoning
GC
Frontage
125’ on East St
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | PLAI-000042-E000000-000001 | Improvements Assessment | $218,190 |
| Land Assessment | $473,340 | Total Assessment | $691,530 |
Property Taxes
Parcel Number
PLAI-000042-E000000-000001
Land Assessment
$473,340
Improvements Assessment
$218,190
Total Assessment
$691,530
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