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Freestanding Walgreens Triple-Net
For Sale
Contact for pricing
Pending

1475 Main St, Willimantic, CT 06226

Freestanding Walgreens on a 1.64-acre parcel with 13,650 sq. ft. of retail space on a long-term triple-net lease.

Property Size13,650 SF
Lot Size1.64 Acres
Days on Market142

Property Features for 1475 Main St

General Information

Standard status Pending
Size 13,650 SF
Lot size 1.64 Acres
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Year Built 2004
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Steven Siegel · License #NY 30SI0857139
Source: Crexi
Added: Apr 12 Changed: Aug 27 Last Checked: Aug 28 at 10:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present a net leased Walgreens operating from a free-standing retail building totaling 13,650 square feet on a 1.64-acre parcel. Walgreens entered into a 25-year triple net lease when the property was originally built in 2004, and there are approximately 8.5 years remaining in the base term. The lease also includes ten 5-year renewal options following the base term.

The property is located at the hard-signalized intersection of W Main Street and West Ave, with visibility to more than 20,000 vehicles per day. It is also immediately off the exit of Interstate 6, which sees traffic counts in excess of 40,500 daily. The nearby trade area includes national and regional retailers such as BJ’s, Bank of America, Planet Fitness, and McDonald’s.

The Walgreens is within close proximity of Eastern Connecticut State University, and the nearest competing drugstore (aside from CVS directly across from the subject) is more than 8 miles away.

Key Highlights

  • Net‑leased Walgreens at 1475 Main Street, Willimantic, CT, featuring 13,650 SF of freestanding retail space
  • Located on a 1.64‑acre parcel on the hard‑signalized intersection of W Main Street and West Ave
  • Visibility to more than 20,000 vehicles per day, and immediately off an I‑6 exit with 40,500+ daily traffic counts

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Walgreens Pharmacy Leslie Reincke Pharmacy Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service Spa & Massage Center Skin Care Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

754
Businesses Nearby
203k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 34% Superstores 17% Home Improvements & Furnishings 4%
BJ's Wholesale Club Superstores
35,005 visits/mo 0.4 miles
McDonald's Dining
24,187 visits/mo 0.0 miles
Taco Bell Dining
18,307 visits/mo 0.3 miles
Dollar Tree Shops & Services
18,255 visits/mo 0.3 miles
Ollie's Bargain Outlet Shops & Services
16,758 visits/mo 0.5 miles

Demographics for 06226, CT

19,233
Population
7,622
Households
2.5
Avg Household Size
29
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
2,671
Density / Sq Mi
$44,103
Median Household Income
$26,504
Median Earnings
$1,084
Median Rent
$181,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • PARADISE NUTRITION 1244 Main St, Willimantic, CT 06226
  • CVS Pharmacy 1200 Main St, Willimantic, CT 06226
  • Med Pharm Long Term Care Mansfield Ave, Willimantic, CT 06226
  • CVS 1200 Main St, Windham, CT 06226
  • Steven Hogan 1213 Main St, Willimantic, CT 062261907

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding Walgreens on a 1.64-acre parcel with 13,650 sq. ft. of retail space on a long-term triple-net lease.
Where is this drug store located?
The property is located at 1475 Main St Willimantic, CT.
What are key features of this property?
This property features: Net‑leased Walgreens at 1475 Main Street, Willimantic, CT, featuring 13,650 SF of freestanding retail space; Located on a 1.64‑acre parcel on the hard‑signalized intersection of W Main Street and West Ave; Visibility to more than 20,000 vehicles per day, and immediately off an I‑6 exit with 40,500+ daily traffic counts
More about this property
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