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31851898
31851905

1303 GOLD STAR HWY, GROTON, CT 06340-2717

MS
CT REB.0790415
EAC Properties LLC
AS
CT REB 0790681
EAC Properties LLC
Listed by EAC Properties LLC
Unpriced
47 days on market
Updated 12 days ago

1303 GOLD STAR HWY GROTON CT 06340-2717

Details
APN 179020807942
Property Type Retail
Sub Type Bank, Storefront (+1)
Square Footage 13,010
Units 5
Cap Rate 6.60%
Tenancy Multi
Rent Bumps Yes
Class B
Year Built 1978
Year Renovated 2025
Stories 1
Lot Size (SqFt) 66,546
Zoning CR Commercial
Parking Spaces 41 spaces
Parking Per SqFt 3.15
Investment Type Stabilized
Ground Lease No

6.6 CAP Strip Center & Package Store Package Groton, CT For Sale

Marketing description

• 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.

Investment highlights

EAC Properties LLC as exclusive broker 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.

Listing Contacts

MS
CT REB.0790415
EAC Properties LLC
AS
CT REB 0790681
EAC Properties LLC
Listed by EAC Properties LLC

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Additional Information

Name
Myles Scherr
License
REB.0790415
Brokerage
EAC Properties, LLc
Title
Senior Broker / Advisor
Brokerage Address
572 White Plains Road
Name
Andreas Senie
License
REB 0790681
Brokerage
EAC Properties at KW Commercial
Brokerage Phone
203-259-2172
Brokerage Address
572 White Plains Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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