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581 Winsted Rd
Torrington, CT 06790
KFC: 14+Years on Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
ABOUT 581 WINSTED RD , TORRINGTON, CT 06790
KFC 14+ years on an initial 15 year Absolute NNN lease with attractive rental escalations every 5 years – lesser of 10% or 1.25x CPI and four 5-year renewal options. The tenant, D.E. Foods, LLC is an experienced KFC franchisee that owns and operates 52 locations in Connecticut and Florida. This location has been successfully open and operating for decades with an attractive 9.18% rent to sales ratio and was recently remodeled in 2018 – showing the tenants commitment to the location! KFC is located in Torrington, Connecticut just off James H Darcey Memorial Highway with excellent drive by visibility. Nearby retailers include: Lowe’s Home Improvement, Ocean State Job Lot, Dollar General, Price Rite Marketplace, ALDI, AMC Theatres, Planet Fitness, Walmart, Target, The Home Depot, Michaels, Bed Bath & Beyond, Market 32, Stop & Shop, JCPenney, Lumber Liquidators, JOANN Fabrics, TJ Maxx, Staples, Walgreens, etc. This asset is 3.5 miles from Charlotte Hungerford Hospital (109 beds). *In Association with Connecticut Local Broker: Bryan K. Atherton, CCIM SIOR, Northeast Investment Realty # REB.0757919
PROPERTY TAXES
| Parcel Number | TORR-000236-000001-000013 | Improvements Assessment | $485,170 |
| Land Assessment | $161,280 | Total Assessment | $646,450 |
PROPERTY TAXES
