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Curaleaf 240 Buckland St

4,322 SF Retail Building Manchester, CT 06042 £2,608,166 (£603/SF) 7.50% Net Initial Yield

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Investment Highlights

10-Year Double-Net (NN) Lease | Minimal Landlord Responsibilities
Recent Construction | A+ Location in Center of Manchester Retail Corridor

Three (3%) Percent Annual Rental Increases Beginning in Year 4 | Strong Hedge Against Inflation

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Curaleaf located at 240 Buckland Street in Manchester, CT. The site consists of roughly 4,322 rentable square feet of building space on an estimated 1.05-acre parcel of land. This Curaleaf is subject to a 10-year double-net (NN) lease, which commenced on September 28, 2022. The current annual rent is $250,000 and is scheduled to increase by 3% annually starting in year 4 and throughout each of the 2, 5-year renewal options.