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Dollar General 658 Main st 1,833 SF 100% Leased Retail Building Monroe, CT 06468 $2,734,800 ($1,491.98/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in desirable Fairfield County, CT
- New long term triple net Lease with rent increases
- Strong retail corridor surrounded by national chains
- Dollar General Corp | NYSE: DG | S&P Rating: “BBB” Investment Grade
- On very busy road with over 30,000 cars per day
- Average Household Income within a 5-mile radius nearly $200,000
EXECUTIVE SUMMARY
HMX Realty Advisors is pleased to exclusively offer for sale a new Dollar General property in Monroe, CT. This newly constructed building is situated on a very busy road, Main St., with an average of over 30,000 cars per day passing in front of the store. The property will be constructed with upgraded building materials including decorative gooseneck lighting, asphalt shingle roofing, James Hardie Clapboard and brick siding. The store is expected to open for business in July 2025.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,833 SF
Building Class
C
Year Built
2025
Price
$2,734,800
Price Per SF
$1,491.98
Cap Rate
6%
NOI
$164,088
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
1.05 AC
Zoning
RF1
Frontage
211’ on Main Street
NEARBY MAJOR RETAILERS
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Dollar General | 658 Main st
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