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Property profile & analytics
OFF-MARKET Estimated value $1,020,000
Showrooms

22 Tolland Tpke Willington, CT 06279-1313

9,250 SF 2.66 ac lot Built 2018
Entity Owned Free & Clear
Property ID
US15-0132925
Property summary
AI-generated 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
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2018
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,250 SF
Lot 2.66 ac (115,870 SF)
Zoning code DC
APN WILL M:30 L:015-00
UPID US15-0132925
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • FedEx OnSite Postal Service Courier Service
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$1.02M
Owner & transaction history
Simaan Properties LLC
Simaan Properties LLC
since 2026
7 recorded transactions
2026
$1.7M
2026
$2.7M
2019
Price N/A
2018
Price N/A
2018
$400,000
2015
Price N/A
1969
Price N/A
Zoning & alternative use
DC · Willington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $985,000 +1.0%
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