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Clock Tower Square 477 Main St 70,000 SF 100% Leased Retail Building Monroe, CT 06468 For Sale 8.50% Cap Rate
Investment Highlights
- Prime investment opportunity.
- Located at a signalized intersection
Executive Summary
Prime Investment Opportunity with 2650 available for lease.
Property Facts
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
70,000 SF
Building Class
B
Year Built
1989
Cap Rate
8.50%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.19
Lot Size
8.52 AC
Zoning
DB1 - Commercial B
Parking
100 Spaces (1.54 Spaces per 1,000 SF Leased)
Frontage
112’ on Main Street
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Carl Anthony Catering
- -
- 2,387 SF
- -
- -
- Connecticut Dance Professional Theatre Training
- -
- 3,786 SF
- -
- -
- Hammered in Time
- -
- 2,650 SF
- -
- -
- Monroe Deli & Catering, LLC
- -
- 2,530 SF
- -
- -
- The Natural Pet Outlet
- -
- 7,800 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Carl Anthony Catering | - | 2,387 SF | - | - | ||
| Connecticut Dance Professional Theatre Training | - | 3,786 SF | - | - | ||
| Hammered in Time | - | 2,650 SF | - | - | ||
| Monroe Deli & Catering, LLC | - | 2,530 SF | - | - | ||
| The Natural Pet Outlet | - | 7,800 SF | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,802,500 | |
| Land Assessment | $2,744,500 | Total Assessment | $7,547,000 |
Property Taxes
Parcel Numbers
Land Assessment
$2,744,500
Improvements Assessment
$4,802,500
Total Assessment
$7,547,000
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Photos
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Clock Tower Square | 477 Main St
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