Entity Owned Property summary
The property is a retail building that has been occupied since 1999 and is configured under a double-net lease structure in which the landlord is responsible for the roof and structural components, while the tenant provides a corporate guarantee. The lease framework includes CPI-based annual rent increases and CAM/management fee provisions described as a management fee and CAM rec that equal 5% of the base rent for 2024. The site is located on Farmington Avenue (US Route 6), a roadway with reported traffic exceeding 26,300 vehicles per day, and is situated near major healthcare facilities including Bristol Health (154 beds) and Hartford Hospital (867 beds). The area surrounding the property includes established national retail and service users, with nearby employers such as ESPN, Otis Elevator, and Bauer Inc.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The BG General Business Zone is intended to accommodate larger retail and service establishments primarily serving the needs of the entire City, including automobile-oriented uses. 2.1.8 124BBD Downtown Business Zone The…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BG · Bristol, CTThe BG General Business Zone is intended to accommodate larger retail and service establishments primarily serving the needs of the entire City, including automobile-oriented uses. 2.1.8 124BBD Downtown Business Zone The…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The BG General Business Zone is intended to accommodate larger retail and service establishments primarily serving the needs of the entire City, including automobile-oriented uses. 2.1.8 124BBD Downtown Business Zone The…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BG in Bristol, CT.
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