1303 Gold Star Highway Groton CT

Description:

EAC Properties LLC as exclusive broker presenting the opportunity to purchase a fully occupied neighborhood shopping center roughly 11,355 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 $1.2M + 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.


Population 868/ 24,705 / 61,684

Households 359 / 10,336 ./ 24,915

Median Age 44.20 / 38.10 / 38.20

Median HH Income $100,893 / $85,312 / $79,024

Daytime Employees 390 / 9,489 / 28,431


•    Sale includes both the **13,000 SF shopping center with drive thru** and the **Oak Tree Liquor Store business**, offering dual revenue streams •    11,355 SF Strip Center  built in 1978 with 2 ext loading docks •    On 1.53 acres with 41 free surface spaces (Ratio of 8.25/1000SF •    300’ frontage on Gold Star Highway with 11K–15K daily traffic counts •    Fully Leased, Zero Vacancy:** All units occupied; minimal downtime risk. •    Bank-Anchored Stability:** Chelsea Groton Bank invested **$2M in renovations** and is entering a new 5-year lease term with CPI-tied annual increases (max 3%). •    High-Performing Liquor Store:** **$1.2M+** average annual gross sales •    Tenant Mix Diversity:** Domino’s Pizza, bank, tattoo parlor, salon, and liquor store provide income stability and daily traffic. •    NNN-Like Structure:** Tenants reimburse **all CAM expenses except capital improvements**, minimizing landlord exposure.

Documents: