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1303-1313 Gold Star Hwy
Groton, CT 06340
Retail Property For Sale


Investment Highlights
- Sale includes both the 11,255 SF shopping center and the Oak Tree Liquor Store business, offering dual revenue streams
- Bank-Anchored Stability: Chelsea Groton Bank invested $2M in renovations with long term lease
- Tenant Mix Diversity: Domino’s Pizza, bank, tattoo parlor, salon, and liquor store provide income stability and daily traffic.
- Fully Leased, Zero Vacancy: All units occupied; no downtime risk.
- High-Performing Liquor Store: $1.25M+ average annual gross sales included with sale or sold individually
- Prime Traffic Corridor: 300’ frontage on Gold Star Highway with 11K–15K daily traffic counts; strong visibility and access.
Executive Summary
EAC Properties LLC as exclusive broker presenting the opportunity to purchase a fully occupied neighborhood shopping center roughly 13,355 SF in size sitting on 1.53 acre plus the long-established Oak Tree Liquor Store business preferred package deal can be separated. Anchored by the recently renovated Chelsea Groton Bank and supported by Domino’s, a tattoo parlor, hair salon, and the liquor store itself, this center offers stable cash flow, zero vacancy, and inflation-protected lease structures.
The liquor store generates $1.25M + average gross sales, includes $235K of inventory. This combined real estate + business acquisition provides a rare chance to own a durable income stream in a high-traffic Groton corridor with taxes of only $22–24K/year and CAM fully reimbursed by tenants (except capital improvements). Inquire for detailed income/expense and pricing post NDA.
2. **Can be separated or preferably sold as a package deal**
3. Sale includes both the **11,255 SF shopping center** and the **Oak Tree Liquor Store business**, offering dual revenue streams
4. **Fully Leased, Zero Vacancy:** All units occupied; no downtime risk.
5. **Bank-Anchored Stability:** Chelsea Groton Bank invested **$2M in renovations** has entered new 5-year lease term with CPI-tied annual increases (max 3%).
6. **High-Performing Liquor Store:** **$1.2M+** average annual gross sales
7. **Tenant Mix Diversity:** Domino’s Pizza, bank, tattoo parlor, salon, and liquor store provide income stability and daily traffic.
8. **NNN-Like Structure:** Tenants reimburse **all CAM expenses except capital improvements**, minimizing landlord exposure.
9. **Prime Traffic Corridor:** 300’ frontage on Gold Star Highway with 11K–15K daily traffic counts; strong visibility and access.
The liquor store generates $1.25M + average gross sales, includes $235K of inventory. This combined real estate + business acquisition provides a rare chance to own a durable income stream in a high-traffic Groton corridor with taxes of only $22–24K/year and CAM fully reimbursed by tenants (except capital improvements). Inquire for detailed income/expense and pricing post NDA.
2. **Can be separated or preferably sold as a package deal**
3. Sale includes both the **11,255 SF shopping center** and the **Oak Tree Liquor Store business**, offering dual revenue streams
4. **Fully Leased, Zero Vacancy:** All units occupied; no downtime risk.
5. **Bank-Anchored Stability:** Chelsea Groton Bank invested **$2M in renovations** has entered new 5-year lease term with CPI-tied annual increases (max 3%).
6. **High-Performing Liquor Store:** **$1.2M+** average annual gross sales
7. **Tenant Mix Diversity:** Domino’s Pizza, bank, tattoo parlor, salon, and liquor store provide income stability and daily traffic.
8. **NNN-Like Structure:** Tenants reimburse **all CAM expenses except capital improvements**, minimizing landlord exposure.
9. **Prime Traffic Corridor:** 300’ frontage on Gold Star Highway with 11K–15K daily traffic counts; strong visibility and access.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
11,255 SF
Building Class
B
Year Built
1978
Cap Rate
6.60%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.17
Lot Size
1.53 AC
Zoning
CR Commercial - Commercial
Parking
41 Spaces (8.25 Spaces per 1,000 SF Leased)
Frontage
300’ on Gold Star
Amenities
- Banking
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | GROT-001790-002080-007942 | Improvements Assessment | $358,043 |
| Land Assessment | $389,067 | Total Assessment | $747,110 |
Property Taxes
Parcel Number
GROT-001790-002080-007942
Land Assessment
$389,067
Improvements Assessment
$358,043
Total Assessment
$747,110
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