Commercial Real Estate in 06498
Connecticut
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Westbrook
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06498
11 results
Address
Price
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1211 Boston Post Road
1211 Boston Post Rd
Westbrook, CT
Lot Size:1.57Acres
HIGHLIGHTS
- Tenant: Walgreens Boots Alliance (NASDAQ: WBA)
- Lease Type: Absolute NNN
- Cap Rate: 5.0%
- Annual Rent: $456,456
- Lot Size: 1.57 Acres
- Increases: 5% Every 5 Years
- Parking Spaces: 80
We’re proud to offer this rare opportunity to purchase an investment grade asset in a market with a high barrier of entry and limited inventory given the proximity to Westbrook Harbor. The corporate guarantor, Walgreens Boots Alliance, is a publicly traded company and offers the security of an investment grade tenant. The lease is an absolute NNN meaning there are NO LANDLORD RESPONSIBILITIES. With 13+ years left on the lease and a rare hedge against inflation with 5% increases every 5 years, an investor or institution can invest with confidence in the long term value and cash flow provided with this purchase.
Located in a high barrier to entry coastal market, this freestanding location on 1.57 acres is situated in the charming New England beachfront town of Westbrook. The asset itself is on the major regional thoroughfare, Boston Post Road/U.S Highway 1, and sees 12,000 vehicles per day.
The property is located down the street from the Shore Line East Commuter Rail Station which saw over 2,100 passengers daily in 2018 and connects to NYC’s Grand Central Station. These passengers and the local population within a ~5 mile radius represents an affluent population with an average household income of over $113,000 annually. This asset is well positioned for long term appreciation.
Opportunities of this caliber are rare, particularly in this market. Act quickly as we don’t anticipate this deal lasting long.
Sale:
$9,129,120
$9,129,120
1.57Acres
Commercial Building for Sale on Route 1
756 Boston Post Rd
Westbrook, CT
Lot Size:1.03Acres
Commercial building on Route 1. 3,344 SF on 1.03 acres. There is an enclosed and open porch. There is also a basement. Potential uses include: Retail Store, Mixed Use, Sit-down Restaurant, Business/Professional Office, Boarding/Lodging/Rooming, Vehicle Renting/Leasing or a Three-family Dwelling.
Sale:
$659,000
$659,000
1.03Acres
WESTBROOK MEDICAL CENTER, BUILDING 1 & 2
4 Grove Beach Rd N
Westbrook, CT
Building Size:14,110SF
Sale:
$1,700,000
$1,700,000
14,110SF
32 Westbrook Industrial Park Rd
32 Westbrook Indust Park Rd
Westbrook, CT
Great 1800 s.f. space for many possible uses. Contactors, light industrial, storage, carpenters, workshop etc. Has overhead door and 14 foot ceilings - lots of open space. Has bathroom.
More info
1,800 SF
1119 Boston Post Road
Westbrook, CT
Lot Size:0.52Acres
Sale:
$199,000
$199,000
0.52Acres
688 Boston Post Road
688 Boston Post Rd
Westbrook, CT
More info
More info
Westbrook Bed & Breakfast
976 Boston Post Rd
Westbrook, CT
Lot Size:1.04Acres
Sale:
$47,380
$47,380
1.04Acres
Duplex in Westbrook
2044 Boston Post Rd
Westbrook, CT
Sale:
$229,500
$229,500
More info
1223 Boston Post Road
Westbrook, CT
Lot Size:1.57Acres
Sale:
$7,100,000
$7,100,000
1.57Acres
359 Boston Post Road
359 Boston Post Rd
Westbrook, CT
Lot Size:4.27Acres
Sale:
$1,400,000
$1,400,000
4.27Acres
314 Flat Rock Place
314 Flat Rock Pl
Westbrook, CT
More info
More info
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Market Stats
06498 has 7 commercial real estate spaces for lease, representing 28,819 sqft space. 8 buildings are available for sale.
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