This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
188 Union St
Vernon Rockville, CT 06066
Walgreens | 13 Yr Corp Abs NNN Lease · Retail Property For Sale
PROPERTY FACTS
- 157 ft on Union St
- 120 ft on West St
Amenities
- Pylon Sign
- Drive Thru
About 188 Union St , Vernon Rockville, CT 06066
SRS National Net Lease Group is pleased to present the rare opportunity to acquire Walgreens, an absolute NNN leased, single tenant investment property located in Vernon, CT. The tenant, Walgreens Eastern Co., Inc., has over 13 years remaining on their initial term with 10 (5-year) options to extend. The lease is corporately guaranteed by Walgreens Boots Alliance, Inc. (S&P: BBB) and is absolute NNN with no landlord responsibilities. The subject site is ideally located on the signalized, hard corner intersection of Union Street/U.S. Hwy 74&83 and West Road/U.S. Hwy 527&83 (28,800 combined VPD). The asset has excellent visibility & access on this corner site with points of entry on both adjacent streets. Union Street/U.S. Hwy 83&74 (15,800 VPD) is a prominent, east/west retail corridor traveling through the nearby town of Rockville and down through the city of Manchester. Walgreens is surrounded by other national/credit tenants including Family Dollar, NAPA Auto Parts, Stop & Shop, CVS, Dunkin' Donuts, Subway and more. The site provides ease and convenience for customer through a pharmacy drive-thru window and is poised to benefit from the strong nearby residential presence. The 5-mile trade area is supported by a population of nearly 69,000 with an affluent average household income of $99,000.
PROPERTY TAXES
Parcel Number | VERN-000022-000039-000017 | Improvements Assessment | £1,747,591 |
Land Assessment | £225,710 | Total Assessment | £1,973,301 |
PROPERTY TAXES
Listing ID: 6336856
Date on Market: 17/03/2017
Last Updated:
Address: 188 Union St, Vernon Rockville, CT 06066
The Retail Property at 188 Union St, Vernon Rockville, CT 06066 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.