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NNN Auto Garage For Sale 1191 N Colony Rd 4,000 SF Retail Building Wallingford, CT 06492 $1,027,807 CAD ($256.95 CAD/SF) 5.60% Cap Rate

Investment Highlights
- Tenant in place with a 15+ year option to renew.
- Great opportunity for a 1031!
Executive Summary
NNN Garage For Sale! Tenant in place with a 15+ year option to renew. 42k NOI. Great opportunity for a 1031!
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,000 SF
Building Class
B
Year Built
1978
Price
$1,027,807 CAD
Price Per SF
$256.95 CAD
Cap Rate
5.60%
NOI
$57,557 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.37 AC
Zoning
RF40 - Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | WALL-000015-000000-000061 | Improvements Assessment | $286,266 CAD |
| Land Assessment | $289,150 CAD | Total Assessment | $575,416 CAD |
Property Taxes
Parcel Number
WALL-000015-000000-000061
Land Assessment
$289,150 CAD
Improvements Assessment
$286,266 CAD
Total Assessment
$575,416 CAD
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NNN Auto Garage For Sale | 1191 N Colony Rd
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