948 Cromwell Ave

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948 Cromwell Ave

Rocky Hill, CT 06067
Asking Price
$396K
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Retail Bakery | 3,750 SqFt Business Asking Price:$395,500. Rent: $4,850.91 NNN <ul><li>​Well-Established Landmark Bakery</li><li>​23 Years in Business</li><li>​Turnkey Opportunity in Rocky Hill, CT</li><li>​~3,750 SF Space</li><li>​High Visibility Established Location</li><li>​Well-Established Community Favorite</li><li>​Turnkey Operation All FF&E Included</li><li>​Reported Sales: Approx. $1.2 Million</li><li>​NET OPERATING INCOME: $195,000</li><li>​PRODUCT INVENTORY: $15,000</li><li>​FF&E VALUE: $129,500</li><li>​Own a thriving bakery with a loyal customer base and solid

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NOI
$80,000
Cap Rate
20.23%
DSCR
3.41
Strong
Cash-on-Cash
47.64%
Monthly Payment
$1,956.718
Annual Cash Flow
$56,519.382

Location & Travel Times