892 - 900 Farmington Ave, Kensington
Investment Opportunity | 14,098± SF & 8,200± SF Retail Buildings | 100% Leased
Marketing description
O,R&L Commercial is pleased to present an Investment Opportunity of 2 Fully Leased Retail Buildings with long-term NNN leases for Sale at 892-900 Farmington Avenue in Kensington, CT. Building 1 (#892) is 8,288± SF and is fully leased to Cyclone Home Systems. Building 2 (#900) is 14,098± SF and is fully leased by Dollar General. The site has 2 curb cuts, 294± ft of frontage, and ample parking with 73 spaces on the 2.07 acre lot in the CCD-2 zone. The site is highly visible and directly across from the new Steele Center at Farmington Avenue development is under construction which includes 76 new apartments.
Investment highlights
NEW CAP RATE 8.27% AND NOI 222,095
Turn Key Investment
- New Roofs & HVAC
- Long-term leases
Street level retail
73 parking spaces
5/1000 parking ratio
294’ frontage
2 Curb Cuts
Rt. 9, Rt. 5 & Rt. 372 Access
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