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101 Ella Grasso Tpke
Windsor Locks, CT 06096 Enfield/E Windsor/Windsor Locks

$3,361,894 USD

Restaurant For Sale  •  5,710 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,710 SF
  • Lot Size 1.77 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 8.50 %
  • Tenancy Single
  • Zoning BUS1
30 Transit Score
30 Walk Score

Highlights

Adjacent to Bradley International Airport | 6M Annual Passengers: The Property benefits from its immediate proximity to Bradley International Airport
Large Parcel | 1.77 AC: Situated on an expansive 1.77-AC lot, the Property offers excellent site functionality, strong residual land value
Absolute NNN Lease | Corporate Guarantee: The asset is secured by a corporately guaranteed lease from Ruby Tuesday, Inc. and an absolute NNN lease
Built-In Rent Growth | 2% Annual Increases: The lease features 2% annual rent escalations, offering steady income growth and a hedge against inflation
Strong Traffic Counts | 22,000 VPD: The Property is positioned along a heavily trafficked corridor with over 22,000 vehicles per day
Strategic Location Between Major MSAs: The Property is ideally situated between Hartford, CT and Springfield, MA, and just 15 minutes from downtown Ha
Cap Rate: 8.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Ruby Tuesday 9/27/2027

Amenities

  • Bus Line
  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Windsor Locks (Hartford Line - CT Rail (CTRail)) 7 min - 4.3 mi
13 min - 7.8 mi
AirportDriveWalkDistance
Bradley International 15 min - 4.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 107
Type: Surface
Included in Rent: Yes
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services