184 Route 12
Groton,
Connecticut
06340
- Commercial
- 6889 SqFt
- Year Built 2007
- Misc
- ML# 170540658
Property Details
Overview
Corporate guaranteed?Advance Auto Parts standalone building in Groton, CT is up for sale at a 6.5% CAP rate. This 7, 000 square foot building sits on .82 acres on busy route 184 just off I95. Lease is still in its first term with three options and rental increases remaining but Advance Auto Parts has shown a strong commitment to this market which has a densely populated area between Electric Boat and the Submarine Base. Surrounding tenants include Stop & Shop, Walmart, Kohls, McDonalds, Chipotle and many?others. Great opportunity to own a guaranteed?asset with significant CAP rate and upside.
Key Facts
- •SqFt: 6889.00
- •Lot Size: 0.82
- •Lot Sq Ft: 6889
- •Business Type: Advanced Auto
- •Zoning: CR
- •Building Size: 6889
- •Parking Facilities: Paved, Off Street Parking, Parking Lot
- •Heat: Hot Air
- •A/C: Central Air
- •Water: Public Water Connected
- •Sewer: Public Sewer Connected
Listing Information provided courtesy of
William Pitt Sotheby's Int'l
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