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Triple Net Retail Building with Anchor
For Sale
Contact for pricing
Pending

701 Main St, Monroe, CT 06468

Single retail property with a new 5-year NNN lease anchored by Ensemble Performing Arts.

Property Size5,187 SF
Days on Market557

Property Features for 701 Main St

General Information

Standard status Pending
Size 5,187 SF
Class A
Total Parking Spaces 42
Property subtype Retail
Zoning B1
Occupancy 100%
Lease Type NNN
Investment Type Sale/Leaseback

Building Details

Year Built 2006
Year Renovated 2006
Buildings 1
Stories 2
Units 1
Tenancy Single
Listing Agency: Higgins Group Real Estate
Listed By: Stephen Ozyck · License #CT RES.0812903
Source: Crexi
Added: Feb 24, 2025 Changed: Aug 28 Last Checked: Sep 3 at 12:49AM

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 Higgins Group Real Estate

Investment Insights

Based on property information with market context.

This retail property offers a new 5-year Triple Net lease anchored by Ensemble Performing Arts - Creative Music Center. The lease includes a guaranteed 2.5% annual rent increase and a 5-year renewal option, providing long-term income structure. The property is approximately 5,187 square feet.

Located at 701 Main Street in Monroe, Connecticut, the tenant, which acquired Creative Music Center in 2024, operates through music education, instrument rentals, and retail sales.

Additional site considerations include parking that exceeds what is required, with the ability to expand parking to support a larger building footprint.

Key Highlights

  • Single retail property at 701 Main Street, Monroe, CT 06468
  • Year built 2006
  • New 5‑year Triple Net (NNN) lease anchored by Ensemble Performing Arts – Creative Music Center

Property Analytics

Current Use

Creative Music Center (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store Dental Office Plumbing Service (Bike/Boat/Book/etc) Store

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

254
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
5,852 visits/mo 0.1 miles
SUBWAY Dining
1,093 visits/mo 0.3 miles

Demographics for 06468, CT

18,825
Population
6,573
Households
2.9
Avg Household Size
44
Median Age
58%
College-Educated
97%
High-School Grad
26.1 sq mi
ZIP Area
721
Density / Sq Mi
$156,731
Median Household Income
$71,530
Median Earnings
$1,466
Median Rent
$477,000
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
NNN property - Single retail property with a new 5-year NNN lease anchored by Ensemble Performing Arts.
Where is this nnn property located?
The property is located at 701 Main St Monroe, CT.
What are key features of this property?
This property features: Single retail property at 701 Main Street, Monroe, CT 06468; Year built 2006; New 5‑year Triple Net (NNN) lease anchored by Ensemble Performing Arts – Creative Music Center
(203) 254-9000 Call to check price and availability
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