We are offering for sale the Walgreens property located at 980 Farmington Avenue, Berlin, CT 06037 (the "Property"). The lease is structured as an absolute triple-net (NNN) with no landlord responsibilities. Walgreens occupies the site through August 31, 2032, with a preferred lease structure that includes ten five-year renewal options.
The Property is located along Farmington Avenue (Route 372), a key east-west corridor that runs through the town of Berlin and connects to major regional transportation routes, including Interstate 91 and Interstate 84. Berlin is an affluent suburb part of the the Hartford-West Hartford-East Hartford Metropolitan Statistical Area (MSA).
Hartford is home to multiple Fortune 500 companies such as Travelers, Aetna, and The Hartford. Major institutional employers include Hartford Healthcare and Connecticut state government offices. The area also includes higher education campuses such as the University of Hartford, Trinity College, and the University of Connecticut’s Hartford campus, contributing to a stable employment and population base.
Listed in conjunction with Brian Brockman, Bang Realty - New England Inc|, 513-898-1551, wg@bangrealty.com, CT DRE Lic. REB.0792373.