100 Cedar Ave - Health Club FOR SALE


South Windsor, CT 06074
$14,296,300 USD
805-570-7430
100 Cedar Ave, South Windsor, CT for Sale
$14,296,300 USD
Health Club - FOR SALE
1/9
null | 6.75% Cap Rate

100 Cedar Ave
South Windsor, CT 06074


HIGHLIGHTS

  • Brand New 16 Year Absolute NNN Lease | Fitness International’s Newest Concept (signed by parent company of LA Fitness)
  • Adjacent to Costco, Whole Foods & The Promenade Shops
  • Affluent Demographics, 3-Mile AHHI $115K+
  • New Medical & Retail Mix-Use Project Across the Street
  • Easy Access to-and-from Hartford, CT

OVERVIEW

The NNN Fitness Group of Marcus & Millichap is pleased to offer this brand-new luxury Club Studio (LA Fitness Corporate Lease) in South Windsor, CT. This is the first ever freestanding Club Studio available on the open market. The offering features a brand new 16-year Absolute NNN Lease adjacent to Costco, Whole Foods, and The Promenade Shops. Moreover, new medical and retail mix-use projects are underway across the street from the property. The property is ideally located near the I-84 which serves 125,600 vehicles per day and provides easy access to-and-from Hartford, CT. Furthermore, the property is surrounded by an affluent demographic boasting a three-mile average household income of over $115,000. South Windsor, Connecticut, nestled in Hartford County, is a vibrant and thriving town known for its diverse community and economic vitality. The town’s economy encompasses a wide range of industries, including manufacturing, technology, healthcare, and retail, providing a stable foundation for residents and businesses alike. Additionally, South Windsor’s strategic location, with easy access to major highways and proximity to Hartford, enhances its appeal for commuters and businesses. Hartford, CT hosts prestigious institutions like Trinity College and the University of Hartford with thousands of students. Downtown Hartford has experienced revitalization, with attractions like Bushnell Park providing an urban oasis. The city’s commitment to innovation, research, and entrepreneurship makes it an exciting hub, while its dining and shopping scene, including the Hartford Public Market, adds to its appeal.

FOR SALE DETAILS

PRICE

$14,296,300 USD

PRICE/SF

$329 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Club Studio (LA Fitness)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

182

LAND DETAILS

LAND ACRES

5.07 AC

LAND SF

220,849 SF

ZONING

C

APN/PARCEL ID

SWIN-000027-000015-000010-000010

ASK ABOUT THIS PROPERTY

Mark ThielMarcus & MillichapMore Info
805-570-7430

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Mark ThielMarcus & MillichapMore Info
805-570-7430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.