181 Raffia Rd, Enfield, CT 06082
10,640 SF | Retail Building | Enfield, CT 06082 | $2,724,480 ($256/SF) | 6.25% Cap Rate
For Sale
Active
Asking Price $2,724,480
- Sale Condition
- 1031 Exchange
- Property Type
-
Retail
- Square Feet
- 10,640 SF
- Price / Square Foot
- $256
Listing Contacts
- Property Info
Property Overview
HMX Realty Advisors exclusively presents for sale a brand new Dollar General located in Enfield, CT. This newly constructed, 10,640 sf building features upgraded construction and sits on a 2.38 acre parcel of land. Upgraded materials include brick, Hardie-Board lapboard siding as well as asphalt roof shingles. The store is expected to open in July 2024.
The property is ideally situated on Post Office Road and located next John F. Kennedy middle school (grades 6-8) with over 1,000 students. In addition, the property is surrounded by homes including an apartment complex across the street. Notably, in 2023, the aggregate consumer expenditure within a three-mile radius of the property surpassed $343 million, while within a five-mile radius, it soared to over $960 million. Enfield is on the boarder with Massachusetts and a short drive from both Springfield, MA and Hartford, CT.
The property is ideally situated on Post Office Road and located next John F. Kennedy middle school (grades 6-8) with over 1,000 students. In addition, the property is surrounded by homes including an apartment complex across the street. Notably, in 2023, the aggregate consumer expenditure within a three-mile radius of the property surpassed $343 million, while within a five-mile radius, it soared to over $960 million. Enfield is on the boarder with Massachusetts and a short drive from both Springfield, MA and Hartford, CT.
Property Details
- Year Built
- 2024
- Stories
- 1
Highlights
- Dollar General Corp | NYSE: DG | S&P Investment Grade Credit
- New 15 year absolute triple net lease
- Strong demographics – average household income in 3-miles: $115k+
- 2023: 3-mile consumer spending was $343 million+
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