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218 E Main St
Clinton, CT 06413

$4,600,000 USD

Drugstore For Sale  •  13,650 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,650 SF
  • Lot Size 2.14 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning B-4
0 Transit Score
55 Walk Score

Highlights

Walgreens Co. – S&P: BBB Investment Grade Credit – Absolute Triple-Net (NNN) Lease – Zero Landlord Responsibilities
Rent Increases in the Option Periods
2 Miles from Clinton Commons Premium Outlets – 2.8 Million Visitors Per Year (Source: Placer.ai)
Shadow Anchored by Clinton Plaza (100,360 SF) – Grocery Anchored Shopping Center
Nearly 20 Year Successful Operating History at this Location

Property Flyers

Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 7/31/2029

Amenities

  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
Clinton (Shore Line East - Shore Line East) 4 min - 1.4 mi
Westbrook (Shore Line East - Shore Line East) 7 min - 3.6 mi
AirportDriveWalkDistance
Tweed/New Haven 32 min - 21.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ryan Bennett 760-448-2449 Lee & Associates
Ryan Bennett 760-448-2449 Lee & Associates