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29327688
29327689

1099 New Britain Ave, West Hartford, CT 06110

AW
CT RES.0822423
$6,750,000
171 days on market
Updated 62 days ago
Opportunity zone

CVS - West Hartford

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 15,600
Units 1
Cap Rate 6.55%
NOI $441,900
Occupancy 100%
Tenancy Single
Brand/Tenant CVS Pharmacy
Lease Type NNN
Lease Expiration 01/31/2035
Remaining Term 8.6
Rent Bumps Yes
Lease Options 4 x 5-year options remain
Price per SqFt $433
Year Built 1983
Year Renovated 1999, 2007, 2016
Buildings 1
Acreage 1.250
Parking Spaces 68 spaces
Parking per 1,000 SqFt 4.36
Investment Type Net Lease
Tenant Credit Credit Rated

Top Performing CVS | 42 Year Operating History | 9 Years Remaining

Marketing description

1099 New Britain Avenue is a single-tenant, net-leased commercial property 100%

occupied by CVS Pharmacy, a nationally recognized and creditworthy tenant. The

lease runs through January 31, 2035, with four additional five-year extension

options, providing long-term income visibility. CVS recently executed a 10-year

lease extension, underscoring its commitment to the location. CVS has been at this

location since 1983! The property serves as the only 24-hour pharmacy in the

market, positioning it as an essential and top-performing asset in CVS's portfolio.

The net lease structure minimizes landlord responsibilities while delivering stable,

predictable cash flow, making this asset well suited for investors seeking long-term

income durability and capital preservation.

Investment highlights

  • Recent 10-Year Extension

  • 42-Year Operating History

  • Only 24-Hour Store and Pharmacy in the Area

  • 5% Bumps in Option Periods

  • Top Performing Store for CVS

Listing Contacts

AW
CT RES.0822423

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$441,900.00
$36,825.00/mo

Valuation Metrics

0
DSCR
6.55%
Cap Rate
6.55%
ROI

Map

Zoning

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BG/TND OverlayGeneral Business And Traditional Neighborhood Overlay
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Andrew Wienke
License
RES.0822423
Title
Connecticut
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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