Single Tenant Industrial NNN - 760 Newfield St

Middletown, CT 06457

• NNN Property
• Industrial for Sale
• $15,678,568 CAD
• 148,930 SF

Middletown Industrial for Sale - NW Middlesex/Middletown

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest in a NNN-leased industrial facility located in Middletown, Connecticut. The property is 100% leased to Kloeckner Metals Corporation, a corporate entity of Kloeckner Metals, a top service center operator with 60+ locations across North America, 120+ locations globally, and $3.54 billion in assets reported in 2024. The lease has over 4 years of primary term remaining, with two (2) additional 5-year renewal options. The subject property is currently leased at $4.59 PSF, well below market rents for comparable industrial product in the area, which range from $6.00–$8.00 PSF. A CPI-based rental increase scheduled for 2030 offers investors a built-in inflation hedge and meaningful income growth, demonstrated by a 25% increase from the most recent CPI adjustment in September 2025. Kloeckner has operated at this location since 2005 and renewed the lease three times, highlighting a long-standing commitment to the site; the facility has functioned as a field processing and distribution center since 1959. Recent improvements include a full renovation of the office space completed by the tenant. Headwinds and rising construction costs have limited new industrial development in Central Connecticut, which has kept vacancy low and helped maintain rent stability.

Contact:

SRS Real Estate Partners

Property Subtype:

Manufacturing

Date on Market:

2025-12-02

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Walgreens - 1116 Boston Post Rd

Guilford, CT 06437

• NNN Property
• Retail for Sale
• $7,233,083 CAD
• 14,259 SF

Guilford Retail for Sale

Surmount is pleased to present the exclusive listing for a Walgreens located at 1116 Boston Post Rd, Guilford, CT 06437. The site consists of roughly 14,259 rentable square feet of building space on an estimated 1.54-acre parcel of land. This Walgreens is subject to a 25-year Triple Net (NNN) lease, which commenced 6/1/2005. The current annual rent is $384,183 and is flat throughout the base term and options.

Contact:

Surmount

Property Subtype:

Drug Store

Date on Market:

2025-07-07

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Hartford MSA Walgreens | Affluent Demos - 980 Farmington Ave

Berlin, CT 06037

• NNN Property
• Retail for Sale
• $6,888,651 CAD
• 14,725 SF

Berlin Retail for Sale - Berlin Outlying

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.

Contact:

Pharma Property Group- Drugstore Specialists

Property Subtype:

Drug Store

Date on Market:

2025-04-28

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Ashley & Urban Air - 200-220 Hale Rd

Manchester, CT 06042

• NNN Property
• Retail for Sale
• $13,708,414 CAD
• 93,251 SF

Manchester Retail for Sale

Long Term NNN Leases | 7.50+ Years Remaining on Urban Air Full 10-Year Term on Ashley Strong Commitment to this Location Experienced and Growing Ashley Franchisee | Three Locations in Connecticut Corporate Guarantee From Urban Air for First 5-Years of Lease NNN Investments | Tenants Reimburses Landlord for All Expenses

Contact:

Surmount

Property Subtype:

Freestanding

Date on Market:

2024-07-08

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Tractor Supply Co. & Priority Urgent Care - 800 N Colony Rd

Wallingford, CT 06492

• NNN Property
• Retail for Sale
• 22,104 SF

Wallingford Retail for Sale

NNN Lease Structure (landlord responsibilities; roof, structure, & parking lot). Tractor Supply Co. had initially signed a 15 year lease with 5% increases every five (5) years in May of 2018. There is now 8 years remaining on the lease with four(4), five(5) year options to renew. Priority Urgent Care has signed a 10 year lease with 10% increases every five (5) years and two (2), five (5) year options to renew.

Contact:

New England Retail Properties, Inc.

Property Subtype:

Freestanding

Date on Market:

2023-11-16

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