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58 East Street 58-62 East St 23,000 SF 93% Leased Retail Building Plainville, CT 06062 $3,739,257 CAD ($162.58 CAD/SF) 6.83% Cap Rate
INVESTMENT HIGHLIGHTS
- 93% Occupied with NNN long-term leases
- New Capital Expenditures included Roof, HVAC and Newly paved parking lot
- 110 Parking spaces on 1.93 acres in the GC Zone
- Excellent location with easy access to I-84, Rt. 72 and Rt. 372
- High Traffic of 17,000 ADT
EXECUTIVE SUMMARY
O,R&L Commercial is pleased to present 58 East Street, Plainville, CT for Sale. This 23,000 SF prominent neighborhood retail plaza contains a strong mix of national and local retailers including Subway and Advanced Auto Parts. The building is 1-story. The site has ample parking with 110 surface spaces. Excellent visibility on Rt. 10 with over a traffic count of over 17,000 ADT. The site is easily accessible to Rt. 72, Rt. 372 and I-84. There are over 50,000 people with-in a three-mile radius and an average household income $75,000. This neighborhood plaza benefits from an high number of patrons on a daily basis. There is 1,500 SF space available for lease.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
23,000 SF
Building Class
C
Year Built
1957
Price
$3,739,257 CAD
Price Per SF
$162.58 CAD
Cap Rate
6.83%
NOI
$255,485 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.93 AC
Zoning
GC
Parking
110 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
The building is 1-story. Retail / Medical Space. 1 Month Free
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The building is 1-story. Retail / Medical Space. 1 Month Free
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | PLAI-000029-H000000-000001 | Improvements Assessment | $1,018,541 CAD |
| Land Assessment | $797,401 CAD | Total Assessment | $1,815,942 CAD |
PROPERTY TAXES
Parcel Number
PLAI-000029-H000000-000001
Land Assessment
$797,401 CAD
Improvements Assessment
$1,018,541 CAD
Total Assessment
$1,815,942 CAD
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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58 East Street | 58-62 East St
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