32 Rubber Ave
Naugatuck, CT 06770
Rite Aid & Advance Auto | Corp NNN lses · Retail Property For Sale

The subject property is currently located on a large 3.60 acre parcel that spans two blocks and represents the corner of two separate intersections. In addition, the buyer has an option to expand the Advance Auto building by approximately 3,200 SF per the current zoning and lease. The expansion may include a drive-thru concept. Rite Aid is located at the signalized, hard corner intersection of State Highway 63/Cherry St and Rubber Ave, with over 25,500 vehicles passing by each day. Advance Auto Parts is located adjacent to the Rite Aid on the corner of Elm Street and Rubber Ave with over 9,600 vehicles passing by each day. The site has excellent visibility, and access with multiple points of ingress/egress along all neighboring streets. Due to the large size of the parcel, both tenants share significant highway frontage, making it easy for consumers to identify the stores. The asset is well positioned in the center of the town with other nearby national tenants including Cumberland Farms, Dunkin’ Donuts, Domino’s Pizza, and more. The 5-mile trade is supported by a population of nearly 102,000 with an average household income of $79,000.