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284 S Colony Rd
Wallingford, CT 06492
Retail Property For Sale
PROPERTY FACTS
ABOUT 284 S COLONY RD , WALLINGFORD, CT 06492
The Net Lease Group is pleased to exclusively offer for sale a portfolio of three (3) leasehold Walgreens retail properties with in-place, fully amortizing, assumable, zero cash flow debt financing. Each property is leased to Walgreens through an absolute triple net lease which is 100% guaranteed by Walgreen Company and provides that there are no Landlord responsibilities whatsoever. Each lease has over 22 years remaining of firm term and will run until July 31, 2056 unless the tenant exercises its right to terminate. The tenant' s first option to terminate is April 30, 2039, and the tenant must provide 18 months written notice. The properties are located in three states: New York, Connecticut, and the District of Columbia.
PROPERTY TAXES
| Parcel Number | WALL-000133-000000-000130 | Improvements Assessment | $2,249,300 |
| Land Assessment | $217,200 | Total Assessment | $2,466,500 |
PROPERTY TAXES
