Skip to main content

Discount

Walgreens (Dollar General Sublease) Top Performing Site | Strong Demos

335 Center St, Manchester, CT 06040

Listing Price: $2,000,000

Cap Rate
12.25%
Tenant Name
Walgreens (Dollar General)
Years Remaining On Lease
1.8
Guarantor
Corporate Guarantee
Rentable SF
11,173
Lease Type
Absolute Net
Rent Per Square Feet
$21.93

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Walgreens, a Dollar General sublease. The subject property is located in Manchester, Connecticut and has an absolute triple-net lease with zero landlord responsbilities.

Investment Highlights

  • Dollar General Sublease Sitting on Over One and a Half Acres on Hard Corner Lot
  • High Performing Dollar General Location; Ranked in Top 12 Percent Nationally (Source: Placer.AI)
  • Absolute Triple-Net Lease - No Landlord Responsibilities Including Roof/Structure
  • Infill Location with Strong Population; Over 129,000 Residents Within Five Miles and Average Household Income of Over $101,000
  • Situated at Corner of Center Street and Broad Street: Combined 26,606 Vehicles per Day at Intersection
  • Nearby Retailers- Ollie's Bargain Outlet, Rent-A-Center, O'Reilly Auto Parts, AutoZone, McDonald's, Burger King, Subway, Dunkin' Donuts, and Many More

Exclusively Listed By

Financing By

Discount

Walgreens (Dollar General Sublease) Top Performing Site | Strong Demos

Listing Price: $2,000,000

Cap Rate
12.25%
Tenant Name
Walgreens (Dollar General)
Years Remaining On Lease
1.8
Guarantor
Corporate Guarantee
Rentable SF
11,173
Lease Type
Absolute Net
Rent Per Square Feet
$21.93

Investment Highlights

  • Dollar General Sublease Sitting on Over One and a Half Acres on Hard Corner Lot
  • High Performing Dollar General Location; Ranked in Top 12 Percent Nationally (Source: Placer.AI)
  • Absolute Triple-Net Lease - No Landlord Responsibilities Including Roof/Structure
  • Infill Location with Strong Population; Over 129,000 Residents Within Five Miles and Average Household Income of Over $101,000
  • Situated at Corner of Center Street and Broad Street: Combined 26,606 Vehicles per Day at Intersection
  • Nearby Retailers- Ollie's Bargain Outlet, Rent-A-Center, O'Reilly Auto Parts, AutoZone, McDonald's, Burger King, Subway, Dunkin' Donuts, and Many More

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Walgreens, a Dollar General sublease. The subject property is located in Manchester, Connecticut and has an absolute triple-net lease with zero landlord responsbilities.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower