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Miscellaneous

LL Flooring

1012 Wolcott St, Waterbury, CT 06705

Listing Price: $1,083,333

Cap Rate
6.00%
Tenant Name
LL Flooring, Inc.
Years Remaining On Lease
5.0
Guarantor
Corporate Guarantee
Rentable SF
6,500
Lease Type
Double Net
Rent Per Square Feet
$10.00

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the LL Floorings located at 1012 Wolcott Street in Waterbury, Connecticut. The site consists of roughly 6,500 rentable square feet of building space on estimated 0.94-acre parcel of land. This LL Floorings is subject to a seven (7) year Double-Net (NN) lease, which commenced in September 2014. The tenant recently exercised their first five-year tenant renewal option early, proving their commitment to the location.

Investment Highlights

  • 5.3 Years Remaining on Original 7 Year Double-Net (NN) Lease
  • Tenant Recently Exercised First Five-Year Option | Strong Commitment to the Site
  • Annual Rental Increase Beginning in 2022

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s) CT: REB.0752012

    Connecticut

Financing By

Listing Price: $1,083,333

Cap Rate
6.00%
Tenant Name
LL Flooring, Inc.
Years Remaining On Lease
5.0
Guarantor
Corporate Guarantee
Rentable SF
6,500
Lease Type
Double Net
Rent Per Square Feet
$10.00

Investment Highlights

  • 5.3 Years Remaining on Original 7 Year Double-Net (NN) Lease
  • Tenant Recently Exercised First Five-Year Option | Strong Commitment to the Site
  • Annual Rental Increase Beginning in 2022

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the LL Floorings located at 1012 Wolcott Street in Waterbury, Connecticut. The site consists of roughly 6,500 rentable square feet of building space on estimated 0.94-acre parcel of land. This LL Floorings is subject to a seven (7) year Double-Net (NN) lease, which commenced in September 2014. The tenant recently exercised their first five-year tenant renewal option early, proving their commitment to the location.

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s): CT: REB.0752012

    Connecticut

Financing By

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