Listed by O, R&L Commercial
$2,525,000
96 Frontage Road, East Haven | For Sale
Details
Property Type Retail
Sub Type QSR/Fast Food, Shopping Center
Square Footage 6,945
Units 3
Cap Rate 7.35%
NOI $185,650
Occupancy 100%
Tenancy Multi
Brand/Tenant Dunkin', Cigar Vault
Lease Type NNN
Price per SqFt $364
Year Built 1995
Buildings 1
Stories 1
Acreage 0.740
Zoning CC
Parking Spaces 34 spaces
Parking Per SqFt 4.90
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease No
INVESTMENT OPPORTUNITY | 6,945± SF RETAIL BUILDING | 7.35% CAP Rate
Marketing description
O,R&L Commercial is pleased to present a Prime Investment Opportunity at 96 Frontage Road in East Haven, CT. This fully leased 6,945 SF single story building has 2 new HVAC units, long-term leases, and a CAP rate of 7.35%. The property is situated on 0.74 acre in the CC zone within a high traffic retail area with highway visibility and traffic counts of 46,200 ADT on Frontage Road & 64,000 ADT on I-95. Area retail includes, Hobby Lobby, TJ Maxx, Dollar Tree, Home Depot, AutoZone, McDonald's, Wendy's, & Chili's.
Investment highlights
- 6,945 SF Building
- Fully Leased with NNN Leases | CAP Rate: 7.35%
- 1 Story
- 2 New HVAC Units
- 0.74 Acre
- Signage: On-Building, Pylons
- Traffic:
- Frontage Rd: 46,200 ADT
- I-95: 64,000 ADT
- High Retail Area
- I-95, Exit 51
Listing Contacts
Listed by O, R&L Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$185,650.00
$15,470.83/mo
Valuation Metrics
0
DSCR
7.35%
Cap Rate
7.35%
ROI
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