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101 Ella Grasso Tpke Windsor Locks, CT 06096

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For Sale
$4,150,000

Corporately guaranteed NNN lease with zero landlord responsibility.

Property size:
5,710 SF
Lot size:
1.77 Acres

Property Features for 101 Ella Grasso Tpke

General Information

Size
5,710 SF
Lot size
1.77 Acres

Source: CBRE | Philadelphia Suburban Agent Matthew Gorman

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


Overview

Ruby Tuesday NNN Lease Property

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.
Insight Report Location Intelligence

Current Use by Public Records

Ruby Tuesday American Restaurant

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Windsor Locks
County
Hartford
State
Connecticut
Longitude
-72.6726452
Latitude
41.9167466

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 $4,150,000.
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.
More about this property
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