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51 Providence
Putnam, CT 06260
Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years
- New, High-Quality, Build-to-Suit Construction of Burger King’s Latest Pavilion Prototype - Slated to be Completed in Mid-June 2021
- Positioned on a Large ±1.44-Acre Lot with Great Drive-By Visibility on Providence Pike Where Traffic Counts Exceed 12,650 CPD!
- JSC Management, LLC Owns & Operates ±60 Burger King Locations in the Northeast Region
- Conveniently located Just Off the I-395 Interchange (23,795 CPD) with High Barriers to Entry Due to Surrounding Topography
- 2020 DEMOGRAPHICS: Total Population (5-MI): 20,068 | Average Household Income (1-MI): $84,328
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,533 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.44 AC
Zoning
Commercial
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | PUTN-000026-000000-000140 | Improvements Assessment | $710,000 |
| Land Assessment | $207,900 | Total Assessment | $917,900 |
Property Taxes
Parcel Number
PUTN-000026-000000-000140
Land Assessment
$207,900
Improvements Assessment
$710,000
Total Assessment
$917,900
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