Property profile

39 Nott Hwy Ashford, CT 06278

OFF-MARKET
Lifestyle centers
40,000 SF 6.4 ac lot Built 2009
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Property summary

AI-generated overview

This exceptional investment opportunity presents Hollow Brook Commons, a 40,000-square-foot mixed-use plaza situated on 6.4 acres in Ashford, Connecticut. Located at 39 Nott Hwy, 06278, this property enjoys high visibility near the intersection of CT Route 74 and US Route 44, offering convenient access to I-84 and proximity to the University of Connecticut's Storrs campus. Built in 2009, the single-story building features eight units currently occupied by four tenants: Antero Urgent Care, Pith Products, Hope & Wellness Salon, and Integrated Neurology of Connecticut. The property boasts a unique blend of retail, medical, and light industrial spaces, with a distinct separation between the retail/medical section and the industrial area. The 35,018-square-foot net rentable area is under NNN leases, providing a stable income stream. Key features include a 129kW rooftop solar array, a wet sprinkler system, newer HVAC systems, and wood-fueled radiant floor heating. Ample parking and loading areas cater to tenants and customers. This stabilized, triple-net investment is ideal for a 1031 exchange or a new commercial venture, offering a rare combination of energy efficiency, diverse tenancy, and prime location. The property is zoned C. Asking price is $2,950,000.

Property profile

Verified
Property type Lifestyle centers
Year built 2009
Total area 40,000 SF
Lot 6.4 ac (278,784 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

39 Nott Hwy Ashford, CT 06278
Ashford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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