Triple-Net Drug Store and
52 East Street Plainville, CT 06062
New
52 East Street, Plainville, CT, 06062
Contact for pricing
For Sale
Contact for pricing
Pending
Two adjacent NNN-occupied sites on a signalized corner, each with tenant responsibility and corporate lease guarantees.
Days on Market3
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 Updated: Jul 23 at 12:35AM Checked: Jul 23 at 12:35AM
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 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
Location Intelligence
Current Use by Public Records
CDReload - Online Bitcoin ...
Crypto Atm
Big Saver Wines ...
(Bike/Boat/Book/etc) Store
Michelle Malone
Pharmacy
Similar For Sale Nearby
FAQs
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
