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31236553
31236554

1050 N Main St, Killingly, CT 06241

SS
MI 6501398326
Friedman Real Estate
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
DL
MI 6505228398
Friedman Real Estate
Listed by Friedman Real Estate, Bang Realty
$7,600,000
77 days on market
Updated 1 day ago

Killingly Plaza

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 76,960
Cap Rate 8.00%
NOI $611,000
Occupancy 97%
Tenancy Multi
Year Built 1990
Year Renovated 2012
Buildings 3
Stories 1
Acreage 10.570
Parking Spaces 366 spaces
Parking Per SqFt 4.76
Occupancy Date 03/24/2026

8.00% CAP | 97% Occupied | ±77,000 SF

Investment highlights

  • Strong Anchor Tenant: Kohl’s occupying ±55,000 SF with approximately 6.5 years remaining on its lease

  • National Credit Tenancy: Sherwin -Williams, Domino’s, Sally Beauty, and CosmoProf

  • Long Tenancy: Most tenants have occupied the center for ±15 years or more

  • Surrounded by National Retailers: Target, Lowe’s, TJ Maxx, Michaels, Five Below, Harbor Freight, and Starbucks

  • Strong Demographics: ±65,000 people within a 10-mile radius with average household incomes exceeding $95,000

Listing Contacts

SS
MI 6501398326
Friedman Real Estate
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
DL
MI 6505228398
Friedman Real Estate
Listed by Friedman Real Estate, Bang Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$611,000.00
$50,916.67/mo

Valuation Metrics

0
DSCR
8.04%
Cap Rate
8.04%
ROI

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