Building Details

Tenancy Single

Listing Agency: The Proto Group Show Phone

Listed By: Steve Patten · License #CT REB.0756643

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 11:17PM

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Investment Insights

Based on property information with market context.

This specialty NNN property is offered with a 15-year base lease term and an NNN lease structure. The property is scheduled for delivery to the tenant in June 2020.

Located at 86 Oak St in Glastonbury, Connecticut, the asset is positioned within a five-mile population base of 116,000+. The property is offered for sale with a 6.75% cap rate.

Key Highlights

• 15‑year base lease term
• NNN lease structure
• 6.75% cap rate

Property Analytics

Property Profile

Current Use

The Learning Experience - Glastonbury Daycare Center

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Storage Facility Building Supply Garden Center Veterinary Clinic

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

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,146

Businesses Nearby

Explore this area Business Placement

Demographics for 06033, CT

29,658

Population

12,315

Households

2.4

Avg Household Size

44

Median Age

68%

College-Educated

98%

High-School Grad

36.7 sq mi

ZIP Area

808

Density / Sq Mi

$144,394

Median Household Income

$80,753

Median Earnings

$1,656

Median Rent

$399,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

NNN property - Asset features a long-term base lease with an NNN structure in Glastonbury, Connecticut.

Where is this nnn property located?

The property is located at 86 Oak St Glastonbury, CT.

What are key features of this property?

This property features: 15‑year base lease term; NNN lease structure; 6.75% cap rate