2162 & 2172 Silas Deane Highway
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2162 & 2172 Silas Deane Highway
2 Retail Properties Offered at £2,209,200 in Rocky Hill, CT
Investment Highlights
- Diverse Tenant Mix
- Excellent Frontage, Visibility & Access
- High Traffic Counts
- Attractive Rent Increases
- Strategic Location
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 2162 & 2172 Silas Deane Highway in Rocky Hill, Connecticut (the “Property”). The Property consists of two buildings, constructed in 2000 and 1978, and contains a total of 13,593 square feet of space on a 1.46-acre parcel of land. 2162 & 2172 Silas Deane Highway is 100% occupied by six (6) tenants, all of which feature attractive annual rental increases in their base terms. The Property is situated along Silas Deane Highway, one of the area’s primary retail and commercial thoroughfares. 2162 & 2172 Silas Deane Highway enjoys excellent frontage and visibility, with two points of access and ample parking for customers. The Property is strategically located in a robust trade area surrounding Exit 24 on Interstate 91, with notable anchor tenants including Walmart, Stop & Shop, TJ Maxx and Kohl’s. Rocky Hill is an affluent suburb of Hartford located on the east bank of the Connecticut River. The town is home to an award-winning school system, numerous national retailers, boutique shops, and national and local restaurants.
Property Facts
Price | £2,209,200 | Number of Properties | 2 |
Price / SF | £175.11 / SF | Individually For Sale | 0 |
Net Initial Yield | 6.28% | Total Building Size | 12,616 SF |
Sale Type | Investment | Total Land Area | 1.03 AC |
Status | Active |
Price | £2,209,200 |
Price / SF | £175.11 / SF |
Net Initial Yield | 6.28% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 12,616 SF |
Total Land Area | 1.03 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
2172 Silas Deane Hwy, Rocky Hill, CT 06067 | Retail | 4,796 SF | 1978 | - |
2162 Silas Deane Hwy, Rocky Hill, CT 06067 | Retail | 7,820 SF | 2000 | - |
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2162 & 2172 Silas Deane Highway
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