Retail Business for Sale in Wethersfield, CT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Wethersfield, CT 06109

Description

Located at 31 Town Line Road in Wethersfield, CT, this freestanding KFC is positioned along a heavily trafficked retail corridor down the street of Silas Deane Highway (23,000+ VPD) and just a quarter mile from I-91. The 3,024 square-foot building, built in 2008 and fully renovated in 2021, sits on a 0.5-acre parcel with 24 parking spaces and benefits from 9,000+ VPD along Town Line Road itself. The property is surrounded by a dense lineup of national fast-casual and QSR brands, including Wendy’s, Taco Bell, Jersey Mike’s, Buffalo Wild Wings, McDonald’s, Raising Cane’s, and Panera, making this location part of an established consumer destination. In addition, Walmart, Stop & Shop supermarket, Comfort Inn, and adjoining Motel 6 further drive consistent traffic to the area. KFC is operated by DE Foods, a seasoned franchisee with more than 30 years of experience and over 50 KFC and KFC/Taco Bell restaurants across the Northeast. This site receives over 90,000 annual visitors offering a steady stream of passive, reliable income in a dense retail corridor. The trade area is both affluent and densely populated, with over 150,000 residents within a five-mile radius and a median household income over $110,000, reinforcing the long-term real estate value of the location. Investment Highlights: • Strategic Location Off I-91, the Site Sees Over 9,000 VPD on Town Line Rd and Over 23,000 VPD on Silas Deane Highway. • Surrounded by Major National QSR Brands: Wendy's, Taco Bell, Jersey Mike's, Raising Cane's, Buffalo Wild Wings, Mcdonald's, and Panera. • Directly Across from Town Line Plaza and Surrounded by Major Demand Drivers Including Walmart, Stop & Shop, Comfort Inn, and Motel 6. • The Property Offers a Brand-New 10-Year Lease Extension Providing Long-Term Passive Income Potential, Backed by a Strong Franchisee Guarantee and Situated in a Sector with Robust Real Estate Fundamentals.

Market Context

This retail in Wethersfield, CT is listed for sale. It is offered at an approximate 6.1% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 38 days. Compare it against other retail listings for sale in Wethersfield, CT — <a href="/search/sale/retail/connecticut/wethersfield">view the full market</a>.

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