1303-1313 Gold Star Highway
Package sale: Zero vacancy, fully stabilized Strip Center + $1.25M Grossing Liqour Store
Marketing description
Myles Scherr presenting the opportunity to purchase a fully occupied neighborhood shopping center roughly 11,355 SF in size sitting on 1.53 acre plus the long-established Oak Tree Liquor Store business, preferred package deal, can be separated.
Anchored by the recently renovated Chelsea Groton Bank and supported by Domino's, a tattoo parlor, hair salon, and the liquor store itself, this center offers stable cash flow, zero vacancy, and inflation-protected lease structures.
The liquor store generates $1.2M + average gross sales, includes $235K of inventory. This combined real estate + business acquisition provides a rare chance to own a durable income stream in a high-traffic Groton corridor with taxes of only $22-24K/year and CAM fully reimbursed by tenants (except capital improvements).
Inquire for detailed income/expense and pricing post NDA.
Investment highlights
- Sale includes both the **13,000 SF shopping center with drive thru** and the **Oak Tree Liquor Store business**, offering dual revenue streams
- 11,355 SF Strip Center built in 1978 with 2 ext loading docks
- On 1.53 acres with 41 free surface spaces (Ratio of 8.25/1000SF
- 300' frontage on Gold Star Highway with 11K-15K daily traffic counts
- Fully Leased, Zero Vacancy:** All units occupied; minimal downtime risk.
- Bank-Anchored Stability:** Chelsea Groton Bank invested **$2M in renovations** and is entering a new 5-year lease term with CPI-tied annual increases (max 3%).
- High-Performing Liquor Store:** **$1.2M+** average annual gross sales
- Tenant Mix Diversity:** Domino's Pizza, bank, tattoo parlor, salon, and liquor store provide income stability and daily traffic.
- NNN-Like Structure:** Tenants reimburse **all CAM expenses except capital improvements**, minimizing landlord exposure.
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