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Educational Playcare Berlin 9 High Rd 11,000 SF Retail Building Berlin, CT 06037 $4,724,839 ($429.53/SF) 6.50% Cap Rate
Investment Highlights
- Absolute NNN Lease w/ No Landlord Responsibilities
- Annual Rental Increases
- Portfolio of 4 Available Together or Individually (Contact Broker)
- Corporate Guaranty (Full Duration of the Lease)
- Established and Profitable Location
- Busy Bees Operates 1,000 Centers Globally, w/ 170+Centers in the US, and has Strong Growth Plans
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,000 SF
Building Class
B
Year Built
2013
Price
$4,724,839
Price Per SF
$429.53
Cap Rate
6.50%
NOI
$307,115
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.64 AC
Zoning
CCD-1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | BERL-000023-000023A-000001 | Improvements Assessment | $1,599,000 |
| Land Assessment | $561,600 | Total Assessment | $2,160,600 |
Property Taxes
Parcel Number
BERL-000023-000023A-000001
Land Assessment
$561,600
Improvements Assessment
$1,599,000
Total Assessment
$2,160,600
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Educational Playcare Berlin | 9 High Rd
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