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Ashley & Urban Air 200-220 Hale Rd 93,251 SF 100% Leased Retail Building Manchester, CT 06042 $13,575,880 CAD ($145.58 CAD/SF) 9.15% Cap Rate


Investment Highlights
- Long Term NNN Leases | 6.75+ Years Remaining on Ashley & Urban Air
- Corporate Guarantee From Urban Air for First 5-Years of Lease
- Experienced and Growing Ashley Franchisee | Three Locations in Connecticut
Executive Summary
Long Term NNN Leases | 7.50+ Years Remaining on Urban Air
Full 10-Year Term on Ashley Strong Commitment to this Location
Experienced and Growing Ashley Franchisee | Three Locations in Connecticut
Corporate Guarantee From Urban Air for First 5-Years of Lease
NNN Investments | Tenants Reimburses Landlord for All Expenses
Full 10-Year Term on Ashley Strong Commitment to this Location
Experienced and Growing Ashley Franchisee | Three Locations in Connecticut
Corporate Guarantee From Urban Air for First 5-Years of Lease
NNN Investments | Tenants Reimburses Landlord for All Expenses
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
93,251 SF
Building Class
C
Year Built
1994
Price
$13,575,880 CAD
Price Per SF
$145.58 CAD
Cap Rate
9.15%
NOI
$1,241,613 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.23
Lot Size
9.46 AC
Zoning
CUD
Frontage
435’ on Hale Rd
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | MANC-000056-002630-000200 | Improvements Assessment | $3,709,149 CAD |
| Land Assessment | $4,409,227 CAD | Total Assessment | $8,118,376 CAD |
Property Taxes
Parcel Number
MANC-000056-002630-000200
Land Assessment
$4,409,227 CAD
Improvements Assessment
$3,709,149 CAD
Total Assessment
$8,118,376 CAD
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Ashley & Urban Air | 200-220 Hale Rd
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