This is a new listing. Details are currently being assembled and should be completed in the next few days. Call J. Michael Struna the listing broker for the most up to date information. This property was orginally approved for 15,765 s.f. of retail building and includes a 15 year ground lease for 4070 s.f. Friendly's restaurant which was built in 2005 and currently occupies a pad site along Route 7. The lesae is for a term of 15 years with 5 - 5 year renewal options. Additional ground lease terms available by callng J. Michael Struna at 203-798-9345. The property is located directly adjacent to Home Depot which is located just to the North and is serviced by a traffic light. TJ-Max and numerious other retailers are located just to the South. The property is zoned B-2 General Business. The previous approval will require a resubmission to the Town of New Milford Planning and Zoning department to be refreshed. Sewer, water, electric and conduits for telephone and cable are installed to the back lot line. The site is also available for sale and includes a NNN lease on an existing Friendly's franchise restaurant.
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$331,000
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