Firestone Complete Auto Care Southington, Connecticut

288 Queen Street
Southington, Connecticut

Price: $1,680,000
Cap Rate: 5.00%
NOI: $84,000
Building Size: Approx. 5,978 Sq. Ft.
Lot Size: Approx. 2.11 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 1983

Investment Overview

  • 1983 Construction. 5,978+/- SF Building on 2.11+/- AC
  • Newly Executed Lease Extension with 10+ Years Remaining on NNN Ground Lease with 10% Rental Increases Every 5 Years
  • Strong Visibility on Queen Street (±17,500–21,400 VPD) and Just Off of I-84 (±50,200 VPD)
  • Less than 10 Mins. from Lake Compounce Amusement Park, & Mount Southington Ski Area—Two of CT’s Top Destinations
  • Surrounded by National Retail Anchors – Walmart, BJ’s Wholesale Club, Price Chopper, and Home Depot
  • Firestone Complete Auto Care – Backed by Bridgestone, the World’s Largest Tire & Rubber Company – With 1,700+ Locations Nationwide
  • Southington | Located in the Hartford MSA – Major Employment Hub | Population: 43.800+

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