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31083919
31083920

180 West Rd, Ellington, CT 06029

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors
$2,895,000
79 days on market
Updated 79 days ago

Dollar General - Ellington

Details
Property Type Retail
Sub Type Storefront
Square Footage 10,640
Net Rentable (SqFt) 10,640
Units 1
Cap Rate 6.25%
NOI $180,948
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/01/2041
Remaining Term 15
Price per SqFt $272
Class A
Year Built 2026
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/01/2026
Occupancy Date 06/01/2026

Price: $2,895,000 | Cap: 6.25% | NOI: $180,948

Marketing description

HMX Realty Advisors is pleased to exclusively offer for sale a brand new Dollar General located in Ellington, CT. This newly constructed, 10,640 sf building sits on a 3.1 acre parcel of land and features upgraded construction materials including stone wainscot, hardie board siding and trim and architectural asphalt shingles. The store is scheduled to open in June 2026. The property is situated on West Road, Ellington's primary retail corridor, in close proximity to a Big Y supermarket, among other neighborhood retailers and service businesses. Ellington is a desirable suburban community in Tolland County with a well-educated, family-oriented population of over 56,000 residents with an average household income of $129,000 +/- in a 5-mile radius . The town is conveniently located near Hartford and the broader north-central Connecticut market, with easy access to Route 83 and Route 30.

Investment highlights

· Dollar General Corp | NYSE: DG | S&P Rating: “BBB” Investment Grade

· New long term triple net Lease with rent increases

· Upgraded construction materials

· Strong retail corridor surrounded by national chains

· Affluent Hartford-MSA demographics

· Ellington is approximately 13 miles from Hartford

Listing Contacts

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$180,948.00
$15,079.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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