This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Webster Bank 2100 Poquonock Ave

2,388 SF Retail Building Windsor, CT 06095 £824,358 (£345/SF) 5.75% Net Initial Yield

Investment Highlights

  • Long Term Tenant
  • Strong Branch Deposits
  • Strong Regional Tenant
  • Strategic Retail Location

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Webster Bank located at 2100 Poquonock Avenue in Windsor, Connecticut (the “Property”). Webster Bank has been at this location since 1999 and just extended their lease, demonstrating their commitment to the site and the market. Webster Bank has 10 years remaining on their Absolute NNN lease with two (2), 5-year renewal options. Webster Bank’s lease also calls for attractive annual increases in rent based. The Property is well located along Poquonock Avenue (CT Route 75) and benefits from outstanding visibility and frontage. The Property is positioned at the signalized intersection with the on-off ramp of CT Route 20 (Bradley International Airport Connector) and is just 1.5-miles from Bradley International Airport, the second largest airport in New England. The location is part of a dominant trade area centered around the airport with numerous hotels, businesses, and national tenants drawing significant traffic to the area.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
2,388 SF
Building Class
B
Year Built
1980
Price
£824,358
Price Per SF
£345
Net Initial Yield
5.75%
NOI
£47,401
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Land Acres
0.50 AC

Amenities

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WIND-000025-000414-000042
Land Assessment
£156,411
Improvements Assessment
£219,594
Total Assessment
£376,006
  • Listing ID: 33858264

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: 2100 Poquonock Ave, Windsor, CT 06095

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}