85 Middletown Ave
North Haven, CT 06473
Rite Aid Pharmacy · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for a 14,490-square foot fee-simple, absolute NNN Rite Aid located in North Haven, CT. Rite Aid has over 11 years remaining on their initial 20-year lease that includes six option periods. The investment presents an ideal community for drug store patrons and offers a corporate guarantee from Rite Aid Corporation. The subject property is situated on a massive 4.23-acre lot.   The subject property is situated along Middleton Avenue in North Haven, Connecticut. The store is the only drugstore operating within five miles. The Rite Aid offering has excellent demographics, with 219,000+ people in a 5-mile radius and average household income of over $74,000. The subject property is located in a dense retail trade zone that includes The Home Depot, Verizon, TJ Maxx, Target, Best Buy, BJ's Wholesale, Chick fil A, Dunkin Donuts, McDonald's, Dollar Tree, Five Below, Olive Garden, Panera Bread, Wendy's, T Mobile, AT&T and many more. North Haven is home of the Quinnipiac University School of Health Sciences, the School of Nursing, School of Law, School of Education, and School of Medicine on Bassett Road. North Haven has easy access to Interstate 91 and the Wilbur Cross Parkway (Route 15). It is near Sleeping Giant State Park and just minutes from downtown New Haven and Yale University. In July 2007, Money magazine ranked North Haven as the eighty-sixth "best place to live" in the United States. North Haven has a growing commercial, retailing and manufacturing base which employs approximately 12,640 people. There are more than 75 manufacturing and commercial firms in North Haven, 40 of which are assessed at over $1,000,000. The economy of North Haven is also based on education. North Haven is home to several of Quinnipiac University's graduate schools. It is also the home to a branch of Gateway Community College. The town is near Yale University and other New Haven-based colleges.