NNN Property with Long-Term
For Sale
Contact for pricing
763 Scotland Rd, Norwich, CT 06360
Destination Pet supports a nationally operated property with contractual rent growth and extended lease duration.
Property SizeContact for details
Days on Market142
Property Features for 763 Scotland Rd
General Information
Standard status
Active
Property subtype
Office, Retail
Additional Details
Cap Rate
7.25%
Building Details
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Andrew Evans · License #CA - 0255475
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 8:19AM
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 Matthews
Investment Insights
Based on property information with market context.
This NNN property is leased to Destination Pet, a national operator with more than 180 units. The lease provides 3% annual increases and has 9+ years remaining, creating a defined contractual term for the next owner.
The offering carries a 7.25% cap rate and is located at 763 Scotland Rd in Norwich, Connecticut. Its lease structure, scheduled increases, and established operating platform provide the key components of the investment profile.
The offering carries a 7.25% cap rate and is located at 763 Scotland Rd in Norwich, Connecticut. Its lease structure, scheduled increases, and established operating platform provide the key components of the investment profile.
Key Highlights
- 7.25% cap rate
- NNN lease with 9+ years remaining
- 3% annual rent increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 06360, CT
37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Destination Pet supports a nationally operated property with contractual rent growth and extended lease duration.
Where is this nnn property located?
The property is located at 763 Scotland Rd Norwich, CT.
What are key features of this property?
This property features: 7.25% cap rate; NNN lease with 9+ years remaining; 3% annual rent increases
