Ruby Tuesday NNN Lease
For Sale
$3,361,894
101 Ella Grasso Tpke, Windsor Locks, CT 06096
Corporately guaranteed NNN lease with zero landlord responsibility.
Property Size5,983 SF
Days on Market334
Property Features for 101 Ella Grasso Tpke
General Information
Standard status
Active
Size
5,983 SF
Property subtype
Commercial
Lease Term
± 6.5 Years
Net Operating Income
$285,761
Building Details
Building Size
5,983 SF
Year Built
2005
Listing Agency:
Matthews Real Estate Investment Services - Corporate
Listed By:
Nathan Roberto · License #368703 (TN)
(214) 295-8753
Source:
Matthews
Added: Nov 25, 2025
Changed: Oct 10
Last Checked: Oct 24 at 1:26PM
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 Matthews Real Estate Investment Services - Corporate
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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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
101k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 30%
Hotels & Casinos 12%
Wendy's
Dining
16,456 visits/mo
0.3 miles
Taco Bell
Dining
12,648 visits/mo
0.3 miles
Shell
Shops & Services
12,448 visits/mo
0.2 miles
Burger King
Dining
12,044 visits/mo
0.3 miles
Mobil
Shops & Services
11,771 visits/mo
0.3 miles
Demographics for 06096, CT
12,613
Population
5,483
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
96%
High-School Grad
9.0 sq mi
ZIP Area
1,401
Density / Sq Mi
$90,417
Median Household Income
$50,593
Median Earnings
$1,290
Median Rent
$236,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
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 $3,361,894.
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.
