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Middletown, CT - Starbucks

$2,762,000

871 Washington Street, Middletown, CT 06457

Active
Last Updated: 08/29/2026

5.25

Cap Rate

145,000

NOI

Details:
Cap Rate:    5.25%
NOI:    $145,000
Building Size:    2,000 sqft
Lot Area:    0.54 acres
Year Built:    2017
Zoning:    B-2 (General Business)
Description:

• Located along Washington Street/Route 66 (28,700 VPD), the primary commercial corridor serving Middletown, with signalized access and regional access via Interstate 91 (110,300 VPD)
• Outparcel within Middletown Plaza, a Home Depot, Market 32, Staples and Petco-anchored center that ranks in the top 35% of shopping centers nationwide per Placer. ai; additional co-tenants include Staples (top 22% of Staples nationwide per Placer.ai), Petco (top 31% of Petco nationwide per Placer.ai), Planet Fitness and Advance Auto Parts
• Minutes from Wesleyan University (4,011 students), Middlesex Hospital (275 beds) and Whiting Forensic Hospital (229 beds), with additional demand from Middletown High School (1,193 students) and Beman Middle School (977 students)
• Surrounded by national and credit tenants including Taco Bell, TD Bank, McDonald’s, Wendy’s, Chipotle, Five Guys, Dunkin’, ALDI, AutoZone, O’Reilly Auto Parts, Mobil, Verizon, Citizens Bank, Liberty Bank, Enterprise, Valvoline, Marshalls, and Tractor Supply

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