Ruby Tuesday NNN Lease
101 Ella Grasso Tpke Windsor Locks, CT
For Sale
Contact for pricing
Corporately guaranteed NNN lease with zero landlord responsibility.
Property Size5,710 SF
Lot Size1.77 Acres
Price / SF$630.47
Days on Market335
Property Features for 101 Ella Grasso Tpke
General Information
- Standard status
- Active
- Size
- 5,710 SF
- Lot size
- 1.77 Acres
- Property subtype
- RETAIL
Listing Agency:
CBRE | Philadelphia Suburban
(215) 603-6914
Listed By:
Matthew Gorman · License #RS287470
(215) 603-6914
Source:
Moodyscre
Added: Aug 26, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Philadelphia Suburban
Investment Insights
Based on property information with market context.
This property, occupied by Ruby Tuesday since 2006, benefits from its location as a primary stop for airport passengers, airline staff, hotel guests, and logistics employees. The tenant exercised their first 5-year option early, demonstrating commitment to this location. Situated adjacent to Bradley International Airport and within a major logistics hub surrounded by distribution centers, the property benefits from a workforce that provides consistent traffic and consumer spending. The lease includes structured yield growth via 2% annual rent increases throughout the remaining 7 years of the base term and all three 5-year renewal options. In addition to the logistics workforce, the property is located directly adjacent to Fairfield Inn & Suites and less than one mile from numerous hotel rooms and long-term stay suites operated by national brands. Located on a 1.77-acre parcel along Ella Grasso Turnpike, the main retail corridor in Windsor Locks, the property features frontage, multiple points of ingress/egress, and is less than one mile from multiple routes and the Bradley Airport Connector. The site features a 5,710 square foot building and 106 parking spaces. The property is supported by over 100,000 residents within 7 miles and high average household incomes in the surrounding area, as well as proximity to local schools.
Key Highlights
- Corporately guaranteed NNN lease offers a truly passive ownership experience.
- Rare annual rental growth of 2% throughout the remaining 7 years of the base term and all three 5‑year renewal options.
- Established Ruby Tuesday location since 2006, demonstrating tenant commitment.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ruby Tuesday
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Corporately guaranteed NNN lease with zero landlord responsibility.
Where is this conventional restaurant located?
The property is located at 101 Ella Grasso Tpke Windsor Locks, CT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Corporately guaranteed NNN lease offers a truly passive ownership experience.; Rare annual rental growth of 2% throughout the remaining 7 years of the base term and all three 5‑year renewal options.; Established Ruby Tuesday location since 2006, demonstrating tenant commitment.