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325 Cottage Grove Rd
Bloomfield, CT 06002 Bloomfield/Windsor

$11,665,000 USD

General Retail For Sale  •  160,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 160,000 SF
  • Lot Size 13.09 AC
  • Building Class A
  • Year Built 1965
  • Tenancy Single
  • Zoning I-1
0 Transit Score
47 Walk Score

Highlights

Lowe’s Home Improvement Corporate Lease - Recent Capital Expenditure Demonstrates Tenant Site Commitment - $750-900K Spend on Parking Field
8.5 Lease Yrs Remaining – Five, 10-Year Options – Early Renewal Executed in 2023 - Long-Term Operating History - Since 2002
Rent Increases – 10% Inc in Options 1-3 – FMV Inc in Options 4-5 - Below-Market Rent with FMV Resets Offers Long-Term Upside - Current Rent $3.72 PSF
Approx. 160,000 SF Building on 13.09-Acre Parcel - Anchor Tenant to Copaco Center, a Dominant Grocery-Anchored Shopping Center
Positioned on Cottage Grove Road (22,700 VPD) – Excellent Visibility & Ingress/Egress
Strong Demographics – 186,900+ Residents within a 5-Mile Radius - Average Household Income Exceeding $110,100 within a 5-Mile Radius

Amenities

  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Hartford (Hartford Line - Hartford Line) 9 min - 4.4 mi
Hartford Amtrak Station (Amtrak Hartford Line - Amtrak, Northeast Regional - Amtrak, Valley Flyer - Amtrak, Vermonter - Amtrak) 9 min - 4.6 mi
AirportDriveWalkDistance
Bradley International 33 min - 15.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 658
Type: Surface
Included in Rent: Yes
Eric Carlton 949-903-3399 Colliers
Eric Carlton 949-903-3399 Colliers