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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
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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  • Listing ID: 33702817

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 2162 & 2172 Silas Deane Highway, Rocky Hill, CT

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