117 Route 66 East

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117 Route 66 East

Columbia, CT 06237
Asking Price
$640K
Cap Rate
7.59%
Asset Type
Retail
Class
Class B

What's Special

100% Leased - 3,968 SF Multi-Tenant Investment Property <p><strong style="color: rgba(31, 57, 100, 1)">INVESTMENT HIGHLIGHTS</strong></p><ul><li>​<strong style="color: rgba(31, 57, 100, 1)">Stabilized Cash Flow: </strong><span style="color: rgba(38, 38, 38, 1)">Long-term tenants provide reliable income from day one, with minimal re-leasing risk.</span></li><li>​<strong style="color: rgba(31, 57, 100, 1)">Embedded Rent Growth: </strong><span style="color: rgba(38, 38, 38, 1)">Current rents offer near-term upside at lease renewal with no capital requir

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NOI
$80,000
Cap Rate
12.50%
DSCR
2.11
Strong
Cash-on-Cash
21.88%
Monthly Payment
$3,165.876
Annual Cash Flow
$42,009.487

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