701 MAIN ST

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701 MAIN ST

East Hartford, CT 06108
Asking Price
Contact for price
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Retail | 7.45% CAP | 27,930 SqFt <ul><li>​The anchor tenant, Concentra, recently signed a new lease for an additional 10 years with 3% annual increases.</li><li>​The existing occupancy is supported by a high quality well-diversified tenant roster.</li><li>​Stable and loyal tenant roster at below market rents.</li><li>​Strong operating history, with substantial upside potential.</li><li>​Offered Well Below Replacement Cost.</li><li>​Fantastic Signage, Exposure and Visibility.</li><li>​100% Occupied since 1963</li><li>​Significan

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times