32 RUBBER AVE. NAUGATUCK, CT
ABOUT THE PROPERTY
The property consists of two free standing buildings which are leased to Rite Aid Pharmacy and Advance Auto Parts. The lot is comprised of 3.6 acres that has frontage and entry/egress on three streets (Cherry Street, Rubber Avenue and Elm Street). Advance Auto Parts occupies an 8,013 square foot building on the east side of the property, and Rite Aid occupies a 12,547 square foot building on the West Side of the property.
Both tenants have been in this location since 1997 and have enjoyed outstanding store sales. Rite Aidhas seen sales increase at this location every year since they opened, and have recently eclipsed five million dollars in sales. Advance Auto Parts has also done very well in this community and is one of the few locations that is open 24 hours a day.This offering provides a stable and secure source of income. The next owner of this property will benefit from NNN leases and corporate guarantees from two publicly traded companies. Both tenants continue to strive in this location thanks to the high traffic counts, excellent frontage and signalized point of entry and egress.