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Clock Tower Square 477 Main St 70,000 SF 100% Leased Retail Building Monroe, CT 06468 For Sale 8.50% Cap Rate

INVESTMENT HIGHLIGHTS
- Prime investment opportunity.
- Located at a signalized intersection
EXECUTIVE SUMMARY
Prime Investment Opportunity with 2650 available for lease.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
70,000 SF
Building Class
B
Year Built
1989
Cap Rate
8.50%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.19
Lot Size
8.52 AC
Zoning
DB1 - Commercial B
Parking
100 Spaces (1.54 Spaces per 1,000 SF Leased)
Frontage
112’ on Main Street
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Carl Anthony Catering
- -
- 2,387 SF
- -
- -
- Connecticut Dance Professional Theatre Training
- -
- 3,786 SF
- -
- -
- Hammered in Time
- -
- 2,650 SF
- -
- -
- Monroe Deli & Catering, LLC
- -
- 2,530 SF
- -
- -
- The Natural Pet Outlet
- -
- 7,800 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Carl Anthony Catering | - | 2,387 SF | - | - | ||
| Connecticut Dance Professional Theatre Training | - | 3,786 SF | - | - | ||
| Hammered in Time | - | 2,650 SF | - | - | ||
| Monroe Deli & Catering, LLC | - | 2,530 SF | - | - | ||
| The Natural Pet Outlet | - | 7,800 SF | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.
1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.
1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 265 SF | Office | - | 30 Days |
| 1 | 2,852 SF | Retail | In-Line | 30 Days |
| 7 | 2,486 SF | Retail | In-Line | 30 Days |
1st Floor
| Size |
| 265 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| 30 Days |
1
| Size |
| 2,852 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
7
| Size |
| 2,486 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
1st Floor
| Size | 265 SF |
| Space Use | Office |
| Position | - |
| Available | 30 Days |
1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.
1
| Size | 2,852 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.
7
| Size | 2,486 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | MONR-000045-000025 | Improvements Assessment | $6,584,288 CAD |
| Land Assessment | $3,335,378 CAD | Total Assessment | $9,919,667 CAD |
PROPERTY TAXES
Parcel Number
MONR-000045-000025
Land Assessment
$3,335,378 CAD
Improvements Assessment
$6,584,288 CAD
Total Assessment
$9,919,667 CAD
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Clock Tower Square | 477 Main St
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