203-343-8752
1303-1313 Gold Star Hwy, Groton, CT for Sale
Storefront Retail/Office - FOR SALE
1/22
null | 6.6% Cap Rate

1303-1313 Gold Star Hwy
Groton, CT 06340


HIGHLIGHTS

  • Sale includes both the 11,255 SF shopping center and the Oak Tree Liquor Store business, offering dual revenue streams
  • Fully Leased, Zero Vacancy: All units occupied; no downtime risk.
  • Bank-Anchored Stability: Chelsea Groton Bank invested $2M in renovations with long term lease
  • High-Performing Liquor Store: $1.25M+ average annual gross sales included with sale or sold individually
  • Tenant Mix Diversity: Domino’s Pizza, bank, tattoo parlor, salon, and liquor store provide income stability and daily traffic.
  • Prime Traffic Corridor: 300’ frontage on Gold Star Highway with 11K–15K daily traffic counts; strong visibility and access.

OVERVIEW

EAC Properties LLC as exclusive broker presenting the opportunity to purchase a fully occupied neighborhood shopping center roughly 13,355 SF in size sitting on 1.53 acre plus the long-established Oak Tree Liquor Store business preferred package deal can be separated. Anchored by the recently renovated Chelsea Groton Bank and supported by Domino’s, a tattoo parlor, hair salon, and the liquor store itself, this center offers stable cash flow, zero vacancy, and inflation-protected lease structures. The liquor store generates $1.25M + average gross sales, includes $235K of inventory. This combined real estate + business acquisition provides a rare chance to own a durable income stream in a high-traffic Groton corridor with taxes of only $22–24K/year and CAM fully reimbursed by tenants (except capital improvements). Inquire for detailed income/expense and pricing post NDA.  2. **Can be separated or preferably sold as a package deal** 3. Sale includes both the **11,255 SF shopping center** and the **Oak Tree Liquor Store business**, offering dual revenue streams 4. **Fully Leased, Zero Vacancy:** All units occupied; no downtime risk. 5. **Bank-Anchored Stability:** Chelsea Groton Bank invested **$2M in renovations** has entered new 5-year lease term with CPI-tied annual increases (max 3%). 6. **High-Performing Liquor Store:** **$1.2M+** average annual gross sales 7. **Tenant Mix Diversity:** Domino’s Pizza, bank, tattoo parlor, salon, and liquor store provide income stability and daily traffic. 8. **NNN-Like Structure:** Tenants reimburse **all CAM expenses except capital improvements**, minimizing landlord exposure. 9. **Prime Traffic Corridor:** 300’ frontage on Gold Star Highway with 11K–15K daily traffic counts; strong visibility and access.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bank, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

CR Commercial

APN/PARCEL ID

GROT-001790-002080-007942

ASK ABOUT THIS PROPERTY

Andreas SenieEAC Properties at KW CommercialMore Info
203-343-8752

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Andreas SenieEAC Properties at KW CommercialMore Info
203-343-8752

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.