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
1.6
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
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
1.6
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.