WALGREENS

1083 Boston Post Rd, Milford , CT 06460
$5,769,231

Cap Rate
6.50%
Year Built
2005
Leasable Area
15,133 SF
Term Remaining
±6.5 Yrs
NOI
$375,000
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • Rare Financing opportunities available to qualified buyers
    ★ Terms: 5.75% Interest Rate, 25–30-year amortization, 65% LTV Maximum, 5-year term maximum, No Pre-Payment Penalty
  • Immediately Located off the Entrance and Exit for Major Freeway CT Tpke: With over 126,700 VPD, and directly on Boston Post Road,
    a high-density retail corridor running through the state with 31,400 VPD.
  • Strategically Located: Less than a quarter mile from the Connecticut Post Mall, home to over 150 stores and shops.
  • Exciting new development across the street
  • Nearby National Retailors: Down the street from Starbucks, Shoprite, McDonalds, and Cumberland Farms gas station with ATM access.
  • Term Remaining: 6.5 years left on the original lease, with ten, 5-year options.
  • Minimal Landlord Responsibilities: Absolute NNN lease provides a passive and secure stream of income.
  • Prototypical Free-Standing Building with Drive Thru.

Broker of Record

  • Kyle Matthews
  • License No. REB.0790986
  • (866) 889-0550
  • Matthews Real Estate Investment Services
  • 1600 West End Ave.,
    Suite 1500 Nashville, TN 37203