20-22 Prospect St, Moosup, CT 06354

11,375 SF | 100% Leased | Retail Building | Moosup, CT 06354 | $1,705,000 ($150/SF) | 8% Cap Rate

Date Added:
September 16, 2024
Days on Market:
13 days

Asking Price $1,705,000

Sale Condition
1031 Exchange
Property Type
Retail
Square Feet
11,375 SF
Price / Square Foot
$150

Listing Contacts

Stuart Frankel
Stuart Frankel
Verified Profile
  • Property Info

Property Overview

Silber Investment Properties is excited to Exclusively bring this property to the market.
Walgreens is NNN and reimburses 75% of all expenses.
Walgreens just signed a 10 year extension without a rent reduction.
Located just off Interstate-395.
Pizzeria is willing to sign a 5 year renewal with a rental increase showing their commitment to the location, unless Purchaser does not want them to renew.

Property Details

Class
C
Year Built
1978
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
35,719 SF

Highlights

  • Long Term Tenants, Both Recently Renewed their Lease with Rental Increases

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