Fully Occupied Groton Shopping
For Sale
Contact for pricing
1303-1313 Gold Star Hwy, Groton, CT 06340
Fully occupied shopping center with stable cash flow and zero vacancy.
Property Size11,355 SF
Lot Size1.53 Acres
Days on Market187
Property Features for 1303-1313 Gold Star Hwy
General Information
Standard status
Active
Size
11,355 SF
Class
B
Total Parking Spaces
41
Lot size
1.53 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Building Details
Year Built
1978
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Reliant Property Management
Listed By:
Myles Scherr · License #REB.0790415
Source:
Crexi
Added: Feb 16
Changed: Aug 11
Last Checked: Aug 20 at 6:33PM
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 Reliant Property Management
Investment Insights
Based on property information with market context.
This is an opportunity to purchase a fully occupied neighborhood shopping center, approximately 11,355 square feet in size, situated on 1.53 acres. The property is anchored by a recently renovated Chelsea Groton Bank and supported by Domino's, a tattoo parlor, a hair salon, and a liquor store. The center offers stable cash flow, zero vacancy, and inflation-protected lease structures. The long-established Oak Tree Liquor Store business is included as a preferred package deal, but can be separated. The liquor store generates over $1.2 million in average gross sales and includes $235,000 of inventory. This combined real estate and business acquisition provides a chance to own a durable income stream in a high-traffic Groton corridor. Taxes are approximately $22,000 to $24,000 per year, and CAM is fully reimbursed by tenants, excluding capital improvements.
Key Highlights
- Fully occupied shopping center with stable cash flow and zero vacancy.
- Anchored by recently renovated Chelsea Groton Bank and supported by established businesses like Domino's and Oak Tree Liquor Store.
- Opportunity to acquire both the real estate and the long‑established Oak Tree Liquor Store business (preferred package deal).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 44%
Dunkin' Donuts
Dining
11,911 visits/mo
0.1 miles
Shell
Shops & Services
9,738 visits/mo
0.1 miles
Domino's Pizza
Dining
641 visits/mo
0.0 miles
Demographics for 06340, CT
29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied shopping center with stable cash flow and zero vacancy.
Where is this shopping center located?
The property is located at 1303-1313 Gold Star Hwy Groton, CT.
What are key features of this property?
This property features: Fully occupied shopping center with stable cash flow and zero vacancy.; Anchored by recently renovated Chelsea Groton Bank and supported by established businesses like Domino's and Oak Tree Liquor Store.; Opportunity to acquire both the real estate and the long‑established Oak Tree Liquor Store business (preferred package deal).
