This exceptional investment opportunity presents a fee-simple ownership of a 2,388 square foot Webster Bank branch located at 2100 Poquonock Avenue in Windsor, Connecticut. The property boasts a highly desirable absolute NNN lease with Webster Bank, a leading commercial bank (NYSE: WBS), with a remaining lease term of 10 years and two 5-year renewal options. The lease commenced October 1, 1976, and expires October 31, 2034, featuring attractive annual rent increases. The asking price is $1,043,478, representing a 5.75% cap rate and a current NOI of $60,000. The bank occupies a 0.5-acre lot and enjoys exceptional visibility and frontage along Poquonock Avenue (CT Route 75), situated at a signalized intersection with the on/off ramp of CT Route 20 (Bradley International Airport Connector). This prime location is only 1.5 miles from Bradley International Airport, the second largest airport in New England, and benefits from the significant traffic generated by the airport and its surrounding hotels, businesses, and national tenants. The area demonstrates strong demographics, with approximately 21,700 people within a 3-mile radius and an average household income exceeding $131,184. Daily traffic counts on Poquonock Avenue exceed 15,300 vehicles, further enhanced by the over 55,700 vehicles daily on CT Route 20. This property offers a passive investment opportunity with zero management responsibilities, given the absolute NNN lease structure, and provides a hedge against inflation through the built-in annual rent increases. The strong tenant, favorable lease terms, and strategic location make this a compelling investment prospect.
Highlights
Absolute NNN lease with Webster Bank (NYSE: WBS) for 10 years, plus two 5-year options.
2% annual rent increases built into the lease, providing inflation hedge.
$1,043,478 asking price, representing a 5.75% cap rate and $60,000 current NOI.
Zero management responsibilities due to the absolute NNN lease structure.
High-visibility location at a signalized intersection of CT Route 75 and CT Route 20 (Bradley International Airport Connector), 1.5 miles from Bradley International Airport.
Strong demographics: 21,700 people within a 3-mile radius, average household income exceeding $131,184. High daily traffic counts exceeding 15,300 vehicles on CT Route 75 and over 55,700 on CT Route 20.
Retail property - 2,388 SF Webster Bank, strong ROI.
Where is the retail property located?
The property is located at 2100 Poquonock Ave Windsor, CT.
What is the asking price?
The asking price for this property is $1,043,478.
What are key features of this property?
This property features: Absolute NNN lease with Webster Bank (NYSE: WBS) for 10 years, plus two 5-year options.; 2% annual rent increases built into the lease, providing inflation hedge.; $1,043,478 asking price, representing a 5.75% cap rate and $60,000 current NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Matthew Nadler
Visit Broker Website
Learn more
Useful Information
Request information
Poquonock Ave Windsor, CT 06095
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Poquonock Ave Windsor, CT 06095
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
2100 Poquonock Ave
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.