Retail Investment, Owner-User Opportunity
4-Unit Retail Strip with Income & Immediate Occupancy Potential
Marketing description
Londregan Commercial Real Estate Group is pleased to present 785 Long Hill Road, a well-maintained four-unit retail strip center property located in Groton’s high-traffic Mixed-Use Town Center (MTC) zone. Positioned along one of the area’s most active commercial corridors, the property benefits from traffic counts between 16,000-20,000 vehicles per day and immediate proximity to Dunkin’, Dollar General, O’Reilly’s, Walgreens, as well as numerous other national and regional retailers.
This 0.53-acre parcel features strong visibility, two curb cuts, prominent pylon signage, and ample on-site parking including rear loading access. The property is currently operated as a true triple-net investment, with tenants reimbursing taxes, insurance, snow removal, trash, common area lighting, and other operating expenses.
Upon sale, the current owner (occupying Ron’s Guitars) will vacate, creating a rare opportunity for an owner-occupant to control their real estate while benefiting from in-place income from the remaining tenants.
Investment highlights
Four retail units (most approx. 1,200 SF each); tanning salon occupies two combined units
Ron’s Guitars space (with finished basement lesson area) delivered vacant at closing
Reported NOI: $84,816
Organized as true triple-net structure
EPDM roof with remaining warranty, no rooftop utilities
Multiple HVAC replacements and capital upgrades completed to include, replacement windows, sump pump, hot water heaters, updated signage and consistent exterior maintenance
Large rear parking area with loading access
Parking lot lighting and strong street presence
Situated on Long Hill Road (Route 1), one of Groton’s most active commercial arteries, the property is surrounded by national retail, quick-service restaurants, automotive retailers, and dense residential neighborhoods. The MTC zoning allows for flexible retail and mixed-use configurations.
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