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    22 Tolland Tpke Willington, CT 06279

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    22 Tolland Tpke Willington, CT 06279


    • Showrooms
    • 9,250 SF
    • 2.66 lot acres
    Retail Property For Sale For Sale
    $1,722,000
    9,100 SF

    Retail Property For Sale

    9,100 SqFt retail property with 7.65% CAP rate.

    22 Tolland Turnpike, Willington, CT 6279
    View Listing
    Property ID
    US15-0132925
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar General / Discount Store
    • FedEx OnSite / Postal Service / Courier Service
    • Western Union / Bank / Credit Union

    Property Details for 22 Tolland Tpke

    Year built
    2018
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.66 lot acres
    Property size
    9,250 SF
    Zone code
    DC
    Property type
    Showrooms
    APN
    WILL M:30 L:015-00
    APU
    WILLM30L01500

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,064,000
      Market price range: $306k - $1.18M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $975,000
      Current use
      OFFICE BUILDING
      $985,000
      Change: +1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Willington
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.3023
    Latitude
    41.8804
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,446
    $256,790
    $658,830
    $915,620
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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