Listed by COMMERCIAL SERVICES REALTY, Commercial Services Realty
$1,450,000
154 New Britain Avenue, Rocky Hill, CT
Details
Property Type Retail, Office
Sub Type Shopping Center, Medical Office
Square Footage 9,000
Net Rentable (SqFt) 9,000
Cap Rate 7.50%
NOI $123,600
Occupancy 95%
Tenancy Multi
Price per SqFt $161
Year Built 2007
Buildings 1
Stories 3
Acreage 3.000
Zoning Commercial
Ceiling Height 8', 10'
9,000 sq. ft. Mixed use, Office (3,000 Ssq. ft.) and Retail (6,000 sq. ft.)
Investment highlights
9,000 sf on 3 acres
Mixed use, NOI Profoma $123,600, Cap Rate: 7.5%
Partially leased and neighbors include Kiddie Academy Day Care Center, Shear 2000 Hair Salon, Fitness Together, Horace Mann Insurance, West Hill Family Dental and Commercial Services Realty
13,200 cars per day and plenty of parking
Centrally located with easy access to I-91, Route 9 and the Berlin Turnpike
Listing Contacts
Listed by COMMERCIAL SERVICES REALTY, Commercial Services Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$123,600.00
$10,300.00/mo
Valuation Metrics
0
DSCR
8.52%
Cap Rate
8.52%
ROI
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