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Southington Walgreens NNN Investment Opportunity

359 Main St, Southington, CT 06489

For Sale
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Walgreens NNN lease with 4 years remaining in Southington.

Property Size14,581 SF
Price / SF$315.10
Days on Market232

Property Features for 359 Main St

General Information

Standard status Active
Size 14,581 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $413,500

Building Details

Units 1
Tenancy Single
Listing Agency: Trinity Real Estate Investment Services
Listed By: Cale Powers · License TX #739475
Source: Crexi
Added: Mar 27 Changed: Nov 11 Last Checked: Nov 12 at 6:35AM

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 Trinity Real Estate Investment Services

Rey
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Investment Insights

Based on property information with market context.

This property presents the opportunity to acquire a Walgreens located in Southington, CT. The property operates under an absolute NNN lease, with 4 years remaining on the current term. The property size is 14581 square feet.

Key Highlights

  • Absolute NNN Lease provides a hands‑off investment.
  • Walgreens as Tenant offers stability and reliable income.
  • Located in Southington, CT.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy FedEx OnSite Postal Service LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Building Supply Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

1,061
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Dining 5%
Dollar Tree Shops & Services
12,639 visits/mo 0.3 miles
Sunoco Shops & Services
5,282 visits/mo 0.2 miles
TD Bank Shops & Services
3,850 visits/mo 0.4 miles
Shell Shops & Services
3,137 visits/mo 0.2 miles
Domino's Pizza Dining
1,177 visits/mo 0.3 miles

Demographics for 06489, CT

32,267
Population
13,496
Households
2.4
Avg Household Size
45
Median Age
44%
College-Educated
94%
High-School Grad
27.7 sq mi
ZIP Area
1,165
Density / Sq Mi
$124,543
Median Household Income
$65,253
Median Earnings
$1,440
Median Rent
$360,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Historical site of the Potrepka Pharmacy — 1 W Main St, Plantsville, CT 06479
  • Walgreens Pharmacy — 359 Main St, Southington, CT 06489
  • CVS Pharmacy — 326 Main St, Southington, CT 06489, United States
  • COVID-19 Drive-Thru Testing at Walgreens — 359 Main St, Southington, CT 06489
  • Laura Mucci — 359 Main St, Southington, CT 064894538

Frequently Asked Questions

What type of property is this?
Drug store - Walgreens NNN lease with 4 years remaining in Southington.
Where is this drug store located?
The property is located at 359 Main St Southington, CT.
What is the asking price?
The asking price for this property is $4,594,445.
What are key features of this property?
This property features: Absolute NNN Lease provides a hands‑off investment.; Walgreens as Tenant offers stability and reliable income.; Located in Southington, CT.
(719) 331-4944 · Office Call to check price and availability
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