89 Farley Pl, Torrington, CT 06790
Single-story cinema facility with mezzanine level for digital projection equipment and long-term net lease structure.
Property Features for 89 Farley Pl
General Information
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Investment Insights
Based on property information with market context.
Per the provided remarks, the lease includes a scheduled increase in August 2018. There are also four renewal options, each for 5 years, with 10% increases in rent.
The asset is located at 89 Farley Pl, Torrington, CT 06790. The provided information focuses on the leased structure and cinema operating setup, including the building’s mezzanine projection area.
Key Highlights
- $1,195,000 asking price with stated 8.4% cap rate
- Long‑term net lease with a national cinema operator
- Billboard lease with CBS Outdoor Inc.
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