Published on: Friday, August 23, 2024
Updated on: Friday, August 23, 2024
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About the Lister
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Name: Ryan Bennett
Company: NNN Investment Group
Office Phone: 760-448-2449
Cell Phone: 760-519-0240
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  Walgreens | Groton CT.
441 Long Hill Rd Groton Connecticut , 06340
441 Long Hill Rd Groton Connecticut , 06340NNN Investment Group
Listing ID: CL-Connecticut-11531

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.25
Net Operating Income: $330,000
Commission Split (%): 0
Quick Glance
Listing ID: CL-Connecticut-11531
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2004
Building Size: 14,490.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Built in 2004, the Property consists of a 14,490-square-foot retail building with a double drive-thru. Minimal landlord responsibilities. Walgreens anchors the retail center.
Complete Details
Year Build: 2004
Building Size: 14,490 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 0%
Full Description
Lee & Associates and Bang Realty are pleased to present the opportunity for a qualified investor to acquire Fee Simple interest (land & building) in Walgreens “Subject Property”, located at 441 Long Hill Rd, Groton, CT. Built in 2004, the Subject Property consists of a 14,490 square foot double drive-through building.
Additional Properties
Property Highlights
  • Located within Walgreens Anchored Retail Center – Lighthouse Square
  • 2.5 Miles from General Dynamics Electric Boat Manufacturing Port – 21,500 Employees
  • Consistently Strong Reported Sales | 24-Hour Store | Double Drive-Thru
  • Triple-Net (NNN) Lease – Passive Investment – Walgreens Responsible for Taxes, Insurance, Interior & Exterior Building Maintenance/Repair
  • Strong Area Demographics
  • Excellent Interstate Access
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0
$0
$0
$330,000
$0
0%
Cash Flow for Current Listings
Listing Location
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