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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

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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
  • 1st Floor
  • 265 SF
  • Office
  • -
  • 30 Days

1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.

  • 1
  • 2,852 SF
  • Retail
  • In-Line
  • 30 Days

1 mile north of Rte 25 connector on Main Street in Stepney area of Monroe.

  • 7
  • 2,486 SF
  • Retail
  • In-Line
  • 30 Days

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

Starbucks
Taylor Rental Ctr

PROPERTY TAXES

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
  • Listing ID: 16913756

  • Date on Market: 2019-08-14

  • Last Updated:

  • Address: 477 Main St, Monroe, CT 06468

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