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Drug Store

Walgreens - Newington, CT

2920 Berlin Turnpike, Newington, CT 06111

Listing Price: $5,680,000

Cap Rate
6.25%
Tenant Name
Walgreens
Years Remaining On Lease
8.8
Guarantor
Corporate Guarantee
Rentable SF
14,490
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.50

Investment Overview

• Strong Retail Corridor | Located within 1 mile from a Walmart Supercenter, Lowe’s, Stew Leonard’s, Target, Chick-Fil-A and more

Investment Highlights

  • • Corporate Lease with (9) Years Remaining on Term
  • • Attractive renewal periods with Ten, (5) Year Option Periods
  • • Prime Parcel Location | Sits on the busy intersection of Berlin Turnpike and Griswoldville Ave NE that sees (33K+) VPD

Exclusively Listed By

Financing By

Drug Store

Walgreens - Newington, CT

Listing Price: $5,680,000

Cap Rate
6.25%
Tenant Name
Walgreens
Years Remaining On Lease
8.8
Guarantor
Corporate Guarantee
Rentable SF
14,490
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.50

Investment Highlights

  • • Corporate Lease with (9) Years Remaining on Term
  • • Attractive renewal periods with Ten, (5) Year Option Periods
  • • Prime Parcel Location | Sits on the busy intersection of Berlin Turnpike and Griswoldville Ave NE that sees (33K+) VPD

Investment Overview

• Strong Retail Corridor | Located within 1 mile from a Walmart Supercenter, Lowe’s, Stew Leonard’s, Target, Chick-Fil-A and more

Exclusively Listed By

Financing By

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