For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

200 Hale Rd Manchester, CT 06042

Loading data...
Loading data...
Loading data...
For Sale
$10,900,000

NNN Leases with Long Term Tenants.

Property size:
93,251 SF
Lot size:
15.74 Acres

Property Features for 200 Hale Rd

General Information

Size
93,251 SF
Lot size
15.74 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Investment Opportunity

This property features long-term NNN leases, with over 7.5 years remaining on the Urban Air lease and a full 10-year term on the Ashley lease. The Ashley franchisee is experienced and growing, with three locations in Connecticut. The Urban Air lease includes a corporate guarantee for the first 5 years. As NNN investments, tenants reimburse the landlord for all expenses. Ashley is ranked in the 83rd percentile in Connecticut. The Ashley lease was recently extended to a full 10-year term, demonstrating a strong commitment to the site. The property is located at 200 Hale Rd, Manchester, CT and has a property size of 93251 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Ashley Store Furniture Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

The Shoppes at Buckland Hills, Buckland hills shopping mall, Hale Road Plaza, Sunglass Hut at Macy's, The Manchester Collection

Location Insight

  • Map
  • Local Demand
City
Manchester
County
Hartford
State
Connecticut
Longitude
-72.5320923
Latitude
41.8085467

FAQs

What type of property is this?
Shopping center - NNN Leases with Long Term Tenants.
Where is this shopping center located?
The property is located at 200 Hale Rd Manchester, CT.
What is the asking price?
The asking price for this property is $10,900,000.
What are key features of this property?
This property features: - Long Term NNN Leases | **7.50+ Years Remaining on Urban Air, Full 10-Year Term on Ashley**; - NNN Investments | Tenants Reimburse Landlord for All Expenses; - Recently Extended Lease to Full 10-Year Term | **Strong Commitment to Site**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message