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Manchester, CT Town Fair Tire

$2,369,000
19 Pavillions Drive, Manchester, CT 06042
Lease Type NN
Cap Rate 6.85%
Building Size 9,017 SF
NOI $162,306
Land Area 1.71 Acres
Remaining Term 12 Years, 10 Months
Status Active
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Town Fair Tire | Manchester, Connecticut. This 9,017 SF asset has been 100% occupied by Town Fair Tire since 2015 with strong visibility at the corner of Buckland Street and Pavillions Drive in a major regional retail market servicing the suburban communities east of Hartford. Situated at 19 Pavillions Drive, the 9,017 square foot building was leased to Town Fair Tire in 2015. The initial lease with Town Fair Tire was signed in 2015, and Town Fair Tire just recently signed a long-term extension, demonstrating their commitment to the site. Town Fair Tire is currently paying $162,306 which increases in June 2031 to $174,472.

  • Corporate Backed Lease
  • 13 Years of Remaining Lease Term
  • Located in High Traffic Retail Corridor
  • Tenant Reports Sales
  • Excellent Exposure Along Main Thoroughfare
  • Early Extension