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Investment Highlights
- Dairy Queen Grill & Chill operated by a multi-unit franchisee.
- Sale includes a former miniature golf course and batting cages. Can be redeveloped or reopened for additional income.
- Highway access; 3.6 miles, 10 minute to Interstate-84
- Brand new 20 year lease with rental increases.
- Excellent visibility in a high traffic area with over 14,500 vehicles per day on Sullivan Avenue
Executive Summary
Prime Investment Opportunity in South Windsor, CT
New England Retail Properties, Inc. has been exclusively tasked for the sale of the Diary Queen Grill & Chill and the additional land located at 845 Sullivan Ave, South Windsor, This offering presents a fee simple interest in a single-tenant Dairy Queen Grill & Chill situated on Sullivan Avenue in South Windsor, Connecticut. The property consists of a freestanding 2,620 SF building on a generous 3.4-acre parcel, offering both established cash flow and significant future upside. In addition to the operating restaurant, the site includes a former 18-hole miniature golf course, batting cages, and a ticket booth — an attractive redevelopment component that provides opportunity for expanded income streams or creative reuse.
The parcel is strategically located in a dynamic retail corridor with numerous national tenants, including Whole Foods, Costco, Target, Lowe’s, and The Shops at Evergreen Walk, ensuring consistent consumer traffic. Sullivan Avenue sees strong daily activity with traffic counts over 14,500 vehicles per day, and the property benefits from excellent visibility and access. Its proximity to major highways such as I-84 and I-291 further reinforces accessibility to the broader Hartford-Manchester trade area.
With its combination of an established quick-service operator and additional acreage suitable for development or enhancement, this investment delivers both stability and growth potential. The location is surrounded by thriving retail destinations and serves a dense residential population, making this a compelling acquisition for investors focusing on income security and long-term value creation.
New England Retail Properties, Inc. has been exclusively tasked for the sale of the Diary Queen Grill & Chill and the additional land located at 845 Sullivan Ave, South Windsor, This offering presents a fee simple interest in a single-tenant Dairy Queen Grill & Chill situated on Sullivan Avenue in South Windsor, Connecticut. The property consists of a freestanding 2,620 SF building on a generous 3.4-acre parcel, offering both established cash flow and significant future upside. In addition to the operating restaurant, the site includes a former 18-hole miniature golf course, batting cages, and a ticket booth — an attractive redevelopment component that provides opportunity for expanded income streams or creative reuse.
The parcel is strategically located in a dynamic retail corridor with numerous national tenants, including Whole Foods, Costco, Target, Lowe’s, and The Shops at Evergreen Walk, ensuring consistent consumer traffic. Sullivan Avenue sees strong daily activity with traffic counts over 14,500 vehicles per day, and the property benefits from excellent visibility and access. Its proximity to major highways such as I-84 and I-291 further reinforces accessibility to the broader Hartford-Manchester trade area.
With its combination of an established quick-service operator and additional acreage suitable for development or enhancement, this investment delivers both stability and growth potential. The location is surrounded by thriving retail destinations and serves a dense residential population, making this a compelling acquisition for investors focusing on income security and long-term value creation.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,260 SF
Building Class
B
Year Built/Renovated
1978/2013
Price
$2,950,000
Price Per SF
$560.84
Tenancy
Single
Building Height
2 Stories
Building FAR
0.04
Lot Size
3.40 AC
Zoning
C
Parking
81 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
71’ on Sullivan Ave
Amenities
- Pylon Sign
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | SWIN-000100-000000-000042 | Improvements Assessment | $352,900 |
| Land Assessment | $245,700 | Total Assessment | $598,600 |
Property Taxes
Parcel Number
SWIN-000100-000000-000042
Land Assessment
$245,700
Improvements Assessment
$352,900
Total Assessment
$598,600
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