560 Durham RdMadison, CT 06443
High-yield NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- Busy Bees, a global leader with 990 centers (119 US), backed by the Ontario Teacher's Pension Plan, acquired the tenant in 2017.
- New 15-year NNN lease with 10% rent increases every five years and minimal landlord responsibilities.
- Corporate guarantee from Busy Bees secures the lease for the full 15-year term.
- Tenant to complete approximately $400,000 in improvements.
- Low, sustainable rents.
- Prime location; expansion of an existing BrightPath center across the street, expected to reach full capacity post-improvements.
Property Details for 560 Durham Rd
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 5,668 SF
- Year Built/Renovated
- 1962/2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 46,174 SF
Location Insight
- City
- Madison
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.3169397
- Longitude
- -72.6066853








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