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Ruby Tuesday NNN Lease Property
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101 Ella Grasso Tpke, Windsor Locks, CT

Corporately guaranteed NNN lease with zero landlord responsibility.

Property Size5,710 SF
Lot Size1.77 Acres
Price / SF$630.47
Days on Market361

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
Listed By: Matthew Gorman · License #RS287470
Source: Moodyscre
Added: Aug 26, 2025 Changed: Jul 6 Last Checked: Aug 20 at 12:59PM

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

Current Use

Ruby Tuesday Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply HVAC Service Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby
101k
Monthly Visits Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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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 $3,600,000.
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.
(215) 603-6914 Call to check price and availability
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