Norwich Retail Plaza for Sale
Reno Properties Group is pleased to present an opportunity to purchase a retail plaza located at 276 West Main Street in Norwich, Connecticut.
Details:
- 276 West Main Street, Norwich, Connecticut 06360
- Property type: Retail
- Subtype: Auto Shop, QSR/Fast Food, Shopping Center
- Investment Type: Stabilized
- Subtype: Value Add
- Class: B
- Lease Type: Modified
- Square Footage: 22,450
- Price/Sq Ft: $162.58
- NOI: $202,920
- Pro-Forma NOI: $379,911
- Lot size: 2.54
Description:
- Retail Strip Plaza for Sale
- Anchored by Advanced Auto Parts-Strong Long-Term Lease in place.
- Located at Traffic Light on busy Rte. 82/West Main Street.
- Drive Thru Capabilities.
- Opportunity to convert all leases to NNN to reduce Taxes/Insurance expense.
- 4,000sf vacant for owner/user or additional rental income.
- Property surrounded by numerous large box retailers.
Listing Contacts:
- Dan Garofalo – 860-573-9227
- Nicholas Goglia – 203-980-8502
View the property on Crexi – 276 W Main St, Norwich, CT 06360 | Crexi.com