106 Federal Rd - Freestanding FOR SALE


Brookfield, CT 06804
$13,253,846 USD
781-776-4003
106 Federal Rd, Brookfield, CT for Sale
$13,253,846 USD
Freestanding - FOR SALE
1/6
null | 6.5% Cap Rate

106 Federal Rd
Brookfield, CT 06804


HIGHLIGHTS

  • Long Term Tenant
  • Scheduled Rent Increases
  • Strong Tenant
  • Zero Management Responsibilities
  • Prime Retail Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, Triple Net (NNN) leased Kohl’s located at 106 Federal Road in Brookfield, Connecticut (the “Property”). Kohl’s has been at the Property since 2006; they recast their lease in 2021 demonstrating their commitment to the site and the market by extending their lease through January 2031. Kohl’s has 6+ years remaining on their lease with one (1), 10-year renewal option. The lease calls for a rent increase in 2026 and at the start of the renewal option period. Kohl’s is well located at the intersection of Candlewood Lake Road and Federal Road (US Route 202), the area’s primary commercial corridor, and benefits from outstanding visibility and frontage. The location is part of a dominant trade area centered around the junction of US Routes 7 and 202 and Interstate 84 with countless businesses, national retailers and restaurants, and manufacturing and warehouse facilities nearby, all of which draw significant traffic to the area. The Property also offers convenient access to the area’s highways, Danbury Hospital, and Western Connecticut State University.

FOR SALE DETAILS

PRICE

$13,253,846 USD

PRICE/SF

$133 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kohl's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

405

LAND DETAILS

LAND ACRES

3.37 AC

LAND SF

146,797 SF

ZONING

IGC80/

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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