Triple-Net Drug Store and
For Sale
Contact for pricing
Pending
52 East Street, Plainville, CT 06062
Two adjacent NNN-occupied sites on a signalized corner, each with tenant responsibility and corporate lease guarantees.
Property SizeContact for details
Days on Market22
Property Features for 52 East Street
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Jul 21
Changed: Aug 8
Last Checked: Aug 10 at 2:31PM
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 SAB Capital
Investment Insights
Based on property information with market context.
Marcus & Millichap presents a Rite Aid and Liberty Bank portfolio in Plainville, Connecticut, made up of two separate tax lots that sit adjacent to one another. The property includes a Rite Aid location operating under a triple-net (NNN) lease, where the tenant is responsible for maintenance and repairs under $1,000. Rite Aid has exercised its third renewal option in 2013 and has one, five-year renewal option remaining. The Rite Aid lease is guaranteed by Rite Aid Corporation.
Liberty Bank operates under an absolute triple-net (NNN) structure with zero landlord responsibilities, guaranteed by Liberty Bank. Liberty Bank has more than two years remaining on its lease, with one, five-year option and two, four-year options remaining.
The sites are positioned on a signalized, hard corner at the intersection of East Maple Street and East Street, a heavily trafficked intersection with more than 20,000 vehicles per day. The offering is within a dense trade area with more than 660,000 square feet of retail within two miles, including national credit anchors such as Lowe’s, AMC Plainville, and Dick’s Sporting Goods.
Liberty Bank operates under an absolute triple-net (NNN) structure with zero landlord responsibilities, guaranteed by Liberty Bank. Liberty Bank has more than two years remaining on its lease, with one, five-year option and two, four-year options remaining.
The sites are positioned on a signalized, hard corner at the intersection of East Maple Street and East Street, a heavily trafficked intersection with more than 20,000 vehicles per day. The offering is within a dense trade area with more than 660,000 square feet of retail within two miles, including national credit anchors such as Lowe’s, AMC Plainville, and Dick’s Sporting Goods.
Key Highlights
- Two adjacent NNN‑occupied sites on a signalized hard corner at East Maple St and East St
- Intersection traffic exceeds 20,000 vehicles per day, providing high visibility to the properties
- Rite Aid lease: corporate‑guaranteed triple‑net (NNN) with tenant responsible for maintenance/repairs under $1,000
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
906
Businesses Nearby
Explore this area
Business Placement
Demographics for 06062, CT
17,628
Population
8,558
Households
2.1
Avg Household Size
44
Median Age
29%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
2,003
Density / Sq Mi
$81,878
Median Household Income
$53,019
Median Earnings
$1,090
Median Rent
$247,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Two adjacent NNN-occupied sites on a signalized corner, each with tenant responsibility and corporate lease guarantees.
Where is this nnn property located?
The property is located at 52 East Street Plainville, CT.
What are key features of this property?
This property features: Two adjacent NNN‑occupied sites on a signalized hard corner at East Maple St and East St; Intersection traffic exceeds 20,000 vehicles per day, providing high visibility to the properties; Rite Aid lease: corporate‑guaranteed triple‑net (NNN) with tenant responsible for maintenance/repairs under $1,000
