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Aspen Dental Net Leased Offering 1128 Farmington Ave 3,025 SF Retail Building Bristol, CT 06010 $2,218,578 CAD ($733.41 CAD/SF) 6.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Double Net Lease – Landlord Responsible for Roof & Structure
  • Corporate Guarantee by Aspen Dental
  • Surrounded by National Retailers – Walmart, Home Depot, ALDI, ShopRite, TJ Maxx, Stop & Shop, Walgreens, CVS, Planet Fitness, AutoZone, Dunkin’,
  • Long-Term Operating History – Occupied Site Since 1999
  • Positioned on Farmington Avenue (US Route 6) – 26,300+ Vehicles Per Day
  • Proximity to Major Healthcare Facilities: Bristol Health (154 beds) Hartford Hospital (867 beds)

EXECUTIVE SUMMARY

The Kase Group is pleased to present the opportunity to acquire a single-tenant Aspen Dental property located in Bristol, Connecticut. The property is secured by a Double Net (NN) Lease, corporately guaranteed by Aspen Dental, with the current term expiring in December 2028 and no renewal options remaining. The lease features annual rent increases based on the Consumer Price Index (CPI). Aspen Dental has operated at this location since 1999, demonstrating long-term commitment to the site.

Strategically positioned along Farmington Avenue (US Route 6), the property benefits from excellent visibility and accessibility, with more than 26,300 vehicles per day passing the site. It is surrounded by a dense concentration of national and regional retailers including Walmart, Home Depot, ALDI, Stop & Shop, ShopRite, Price Chopper, TJ Maxx, Walgreens, CVS, AutoZone, Planet Fitness, Dunkin’, Starbucks, Panera, and Burger King, all contributing to consistent consumer traffic and retail synergy.

The property is situated in a market with a growing mix of healthcare, industrial, and commercial infrastructure. Major employers in the area include ESPN’s global headquarters, Otis Elevator Company, and Bauer Inc., all contributing to a stable employment base and daytime population. Healthcare providers such as Bristol Health (154 beds) and Hartford Hospital (867 beds) reinforce demand for dental and medical services. .

The surrounding area features strong demographics with over 63,000 residents within 3 miles and an average household income of $102,669.

In Association with ParaSell, LLC | A Licensed Connecticut Broker #REB.0792680

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,025 SF
Building Class
C
Year Built
1977
Price
$2,218,578 CAD
Price Per SF
$733.41 CAD
Cap Rate
6.15%
NOI
$136,443 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Zoning
BG
Parking
40 Spaces (13.22 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Shoprite
Stephen Automall Center
Bank of America
Aroma Joe's
Starbucks
La Fitness
Chili's Grill & Bar
Stop & Shop
Webster Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BRIS-000046-000000-000010-059820
Land Assessment
$249,962 CAD
Improvements Assessment
$1,163,737 CAD
Total Assessment
$1,413,700 CAD
  • Listing ID: 38360788

  • Date on Market: 2025-11-06

  • Last Updated:

  • Address: 1128 Farmington Ave, Bristol, CT 06010

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