1745 E Main St | Torrington, CT 06790
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- LoopNet Team
1745 E Main St
Torrington, CT 06790
Walgreens Torrington CT $5.6M Absolute Net · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Rental income guaranteed by Walgreens corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations.
- $83,101 HH INCOME IN A 5-MI RADIUS - Average household income in a 1-mi radius is $80,585, in a 3-mi radius it is $76,192 and $83,101 in a 5-mi radius
- NEAR MAJOR NATIONAL RETAIL TENANTS - Less than a mile from national tenants Walmart, Target, Home Depot, Chrysler, Buick, and Chevrolet.
- 10 YRS REMAINING ON ABSOLUTE NET LEASE - 10 years remaining on the initial term with 10 (5-year) options to extend with no landlord responsibilities.
- LIMITED DRUGSTORE COMPETITION - Only freestanding national brand drugstore within a 2-mile radius.
- CHARLOTTE HUNGERFORD HOSPITAL - Charlotte Hungerford Hospita (109 beds)l is ±3 miles SW from the subject property.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.85 AC
Zoning
LB - Local Business
Parking
45 Spaces (3.04 Spaces per 1,000 SF Leased)
Frontage
115’ on Main St
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | TORR-000247-000001-000001 | Improvements Assessment | $2,025,940 |
| Land Assessment | $554,750 | Total Assessment | $2,580,690 |
PROPERTY TAXES
Parcel Number
TORR-000247-000001-000001
Land Assessment
$554,750
Improvements Assessment
$2,025,940
Total Assessment
$2,580,690
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