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41 Hazard Ave
Enfield, CT 06082
Retail Property For Sale
Investment Highlights
- Olive Garden extended a 10-year lease renewal early(1st & 2nd options) showing commitment to the site
- Absolute NNN - 11 years remaining on a corporate lease
- Co-tenants include Chick-fil-A, Petco, Aldi, Marshalls, Barnes & Noble, Michaels, Homesense, Starbucks, Moe’s Southwest Grill, Old Navy, Five Below, e
- Paying extremely low rent ($11.27 /SF) on a depreciable asset (not a ground lease)
- Well located on a corner lot in a regionally dominant retail hub as an outparcel to Enfield Commons Shopping Center
- Historic store sales available (contact agent) - low rent/sales ratio
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,396 SF
Building Class
C
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.00 AC
Zoning
BR
Parking
50 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | ENFI-000056-000000-000001 | Improvements Assessment | $667,800 |
| Land Assessment | $505,000 | Total Assessment | $1,172,800 |
Property Taxes
Parcel Number
ENFI-000056-000000-000001
Land Assessment
$505,000
Improvements Assessment
$667,800
Total Assessment
$1,172,800
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