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28701107
28701108

359 Main St, Southington, CT 06489

MS
TX 767226
Trinity Real Estate Investment Services
CP
TX 739475
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$4,594,445
40 days on market
Updated 40 days ago

Walgreens - Strong Sales Reports

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 14,581
Units 1
Cap Rate 9%
NOI $413,500
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, CVS Pharmacy (+1)
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 03/30/2030
Remaining Term 3.7
Lease Options Ten (10), 5-Year
Price per SqFt $315
Acreage 1.940
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 03/24/2005

Retail | 9.00% CAP | 14,581 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Walgreens in Southington, CT. The subject property has absolute NNN lease with 4 years remaining on current term.

Property Website: https://trinityreis.com/listing/359-main-st/

In cooperation with Brian Brockman at Bang Realty-New England, Inc | CT #REB.0792373 | [email protected] | (513) 898-1551

Investment highlights

  • Absolute NNN Lease Walgreens With Zero Landlord Responsibilities

  • 4 Years Remaining on Current Term

  • Strong Demographics Within 5 Miles Having 81,361 Residents

  • Affluent 3-Mile Community With Average Household Income of $139,025

  • Excellent Visibility Along Main St With 17,700 Combined Traffic Counts

  • Located Near Numerous National Retailers Including Target, CVS, Popeyes, Dunkin, and More

  • Subject Property is Surrounded by Apartments, and Schools Within 2 Miles Creating Additional Customer Traffic for the Area

  • 19 Miles to Hartford - The Capital City of U.S. State Connecticut

Listing Contacts

MS
TX 767226
Trinity Real Estate Investment Services
CP
TX 739475
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$413,500.00
$34,458.33/mo

Valuation Metrics

0
DSCR
9%
Cap Rate
9%
ROI

Map

Zoning

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B CommercialGeneral CommercialBusiness
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Brockman
License
CT #REB.0792373
Brokerage
Bang Realty-New England, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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