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22 Tolland Tpke Willington, CT 06279

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For Sale
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High-yield CT convenience store, 9.4 years remaining.

Property size:
9,100 SF

Property Features for 22 Tolland Tpke

General Information

Property type
Retail space
Square Feet
9,100 SF
Lot Size
115,870 SF

Building Details

Year Built
2019

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Listing Contact
Connor Shell
Connor Shell

Listing Agency: Stream Capital Partners Listing Agent: Connor Shell

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

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Property Insight Report

Overview

This exceptional investment opportunity presents a 9,100 square foot Dollar General convenience store located at 22 Tolland Turnpike, Willington, Connecticut, 06279. The property sits on a 2.66-acre lot and boasts a strong 7.25% cap rate, generating a net operating income (NOI) of $131,733. Built in 2019, this single-tenant property benefits from a corporate-guaranteed Absolute NNN lease with Dollar General, providing zero landlord responsibilities. The lease has a remaining term of 9.4 years, expiring April 30, 2034, with three and five-year renewal options at a 10% rent increase per extension. The property enjoys a prime location approximately half a mile from I-84, a major interstate with over 64,200 vehicles per day, and benefits from a high-income demographic with average household incomes exceeding $132,000 within a 5-mile radius. Nearby retailers include Dunkin', Willington Wine & Spirits, and the USPS, further enhancing the property's desirability. This is a rare opportunity to acquire a stable, high-performing retail investment with a long-term, creditworthy tenant in a favorable Tri-State location, approximately 20 miles northeast of Hartford. The property is 100% occupied.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center Skin Care Clinic Food Market

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

Location Insight

  • Map
  • Local Demand
City
Willington
County
Tolland
State
Connecticut
Longitude
-72.303148655431
Latitude
41.880880218059

FAQs

What type of property is this?
Retail space - High-yield CT convenience store, 9.4 years remaining.
Where is this retail space located?
The property is located at 22 Tolland Tpke Willington, CT.
What is the asking price?
The asking price for this property is $1,817,000.
What are key features of this property?
This property features: Excellent Tri-State Area Location: 20 miles northeast of Hartford, CT.; Long-Term Lease: 9.5 years remaining on the base term.; Investment-Grade Tenant: Dollar General, with over 17,000 stores nationwide.
(312) 899-6664 Call to check price and availability
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