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Drug Store

Walgreens - Monroe, CT

275 Monroe Turnpike, Monroe, CT 06468

Listing Price: $5,843,750

Cap Rate
6.40%
Tenant Name
Walgreens
Years Remaining On Lease
7.6
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.69

Investment Overview

• Strong Retail Corridor | Located within 1 mile from Home Depot, Stop & Shop, Big Y, McDonald’s, Chase Bank and Goodwill

Investment Highlights

  • • Corporate Lease with over (7.5+) Years Remaining on Term
  • • Attractive Rental Increase of Ten Percent (10%) in the first of Ten, (5) Year Option Periods
  • • Prime Parcel Location | Sits on the busy intersection of Monroe Turnpike and Purdy Hill Road that sees (19K+) VPD

Exclusively Listed By

Financing By

Drug Store

Walgreens - Monroe, CT

Listing Price: $5,843,750

Cap Rate
6.40%
Tenant Name
Walgreens
Years Remaining On Lease
7.6
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.69

Investment Highlights

  • • Corporate Lease with over (7.5+) Years Remaining on Term
  • • Attractive Rental Increase of Ten Percent (10%) in the first of Ten, (5) Year Option Periods
  • • Prime Parcel Location | Sits on the busy intersection of Monroe Turnpike and Purdy Hill Road that sees (19K+) VPD

Investment Overview

• Strong Retail Corridor | Located within 1 mile from Home Depot, Stop & Shop, Big Y, McDonald’s, Chase Bank and Goodwill

Exclusively Listed By

Financing By

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