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Bank

Liberty Bank | NNN Condo | 3% Annual Increases

859 Boston Post Road, Madison, CT 06443

Listing Price: $2,300,000

Cap Rate
5.50%
Tenant Name
Liberty Bank
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
3,358
Lease Type
Absolute Net
Rent Per Square Feet
$37.67

Investment Overview

- Healthy Deposit Base – Deposits Exceeding $62M - Tenant Remodeled Interior to Modern Concept Design in Spring of 2019 – Shows Commitment to the Site

Investment Highlights

  • Absolute NNN Lease with Liberty Bank
  • RARE 3% Annual Increases
  • Tenant Recently Extended a New 10-Year Term in December 2018

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s) CT: REB.0752012

    Connecticut

Bank

Liberty Bank | NNN Condo | 3% Annual Increases

Listing Price: $2,300,000

Cap Rate
5.50%
Tenant Name
Liberty Bank
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
3,358
Lease Type
Absolute Net
Rent Per Square Feet
$37.67

Investment Highlights

  • Absolute NNN Lease with Liberty Bank
  • RARE 3% Annual Increases
  • Tenant Recently Extended a New 10-Year Term in December 2018

Investment Overview

- Healthy Deposit Base – Deposits Exceeding $62M - Tenant Remodeled Interior to Modern Concept Design in Spring of 2019 – Shows Commitment to the Site

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s): CT: REB.0752012

    Connecticut

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