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Middlesex Square 189-191 Middlesex Ave 20,120 SF 88% Leased Retail Building Chester, CT 06412 $5,730,522 CAD ($284.82 CAD/SF) 7.74% Cap Rate
Executive Summary
Long term leases, with significant annual increases and pass-through for operating expenses.
Current NOI $358,000
Ample on-site parking
Highly visible property on State Road
100% Leased
Long Term Tenants
Well Maintained by 19 Year Current Ownership
Lot Size: 3.02 Acres
Built: 1986
Zone: C
Proximity to Route 9
Easy Access to Chester Village and Exit 3 Route 154
Property Facts
Amenities
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Well Located Busy Retail / Office Center Second Floor 1,330 SF Former Architect’s Suite $1,900/Monthly Ground Level 1,100 Retail Space $1,500/Monthly Join Rustic Ristorante and Chester Bottle shop Offering Immediate Occupancy
Well Located Busy Retail / Office Center Second Floor 1,330 SF Former Architect’s Suite $1,900/Monthly Ground Level 1,100 Retail Space $1,500/Monthly Join Rustic Ristorante and Chester Bottle shop Offering Immediate Occupancy
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,100 SF | Retail | In-Line | Now |
| 2nd Floor | 1,330 SF | Office | - | Now |
1st Floor
| Size |
| 1,100 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 1,330 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,100 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Well Located Busy Retail / Office Center Second Floor 1,330 SF Former Architect’s Suite $1,900/Monthly Ground Level 1,100 Retail Space $1,500/Monthly Join Rustic Ristorante and Chester Bottle shop Offering Immediate Occupancy
2nd Floor
| Size | 1,330 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Well Located Busy Retail / Office Center Second Floor 1,330 SF Former Architect’s Suite $1,900/Monthly Ground Level 1,100 Retail Space $1,500/Monthly Join Rustic Ristorante and Chester Bottle shop Offering Immediate Occupancy
Property Taxes
| Parcel Number | CHES-000009-000000-000022 | Improvements Assessment | $1,769,324 CAD |
| Land Assessment | $278,183 CAD | Total Assessment | $2,047,507 CAD |
Property Taxes
Presented by
Middlesex Square | 189-191 Middlesex Ave
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