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85 Bridge Rd
Haddam, CT 06438
Dollar General · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Dollar General Corp | NYSE: DG | S&P Rating: “BBB” Investment Grade
  • 15 year absolute triple net Lease
  • 1-mile radius: average household income $116+,000
  • New construction
  • Upgraded “New England” style construction

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.13 AC
Zoning
I-1 - Commercial
Parking
24 Spaces (2.64 Spaces per 1,000 SF Leased)
Frontage
110’ on Bridge Road

ABOUT 85 BRIDGE RD , HADDAM, CT 06438

HMX Realty Advisors exclusively presents for sale a newly constructed, free-standing Dollar General. The property is situated on 1.127 acres of land and features upgraded, New England style construction (see pg. 3 for photos). Dollar General is strategically located on Bridge Rd, a main thoroughfare, along many other local and national tenants. Other tenants include Dunkin’ Donuts, Mobil, Subway and Liberty Bank. In addition, adjacent to the property is Steady Habit Brewing Company and Tony’s Package store. The property is also a short distance from The Saybrook at Haddam Senior Living. Haddam, which is located in the lower Connecticut River Valley in Middlesex County, is a vibrant community with a rich heritage, historic architecture and distinct villages including Haddam, Higganum, Haddam Neck and Tylerville. The town has the unique distinction of being the only town in the state of Connecticut that is bisected by the Connecticut River with residents on both sides. The river has long played a significant role in the development of Haddam as a source of income, transportation and recreation. Today the town is primarily a bedroom residential community with an excellent school system, acres of recreational open space and residents who care about the past, present and future of their “hometown.” LEASE SUMMARY: Original Lease Term: 15 Year Rent Commencement: November 2018 Lease Expiration Date: November 2035 Current Rent: $127,012 Options: Three – (5) year options Options Escalations: 10% every 5 years Lease Type: Absolute Triple Net

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HADD-000049-000000-000026
Land Assessment
$246,050
Improvements Assessment
$748,490
Total Assessment
$994,540
  • Listing ID: 18652417

  • Date on Market: 2/26/2020

  • Last Updated:

  • Address: 85 Bridge Rd, Haddam, CT 06438

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