56 Middlesex Turnpike, Chester, CT 06412

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Ronald E. L.

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Building Details:

56 Middlesex Turnpike is aretail property for lease in Chester, CT.

Formerly Organon: A Market at Chester. R-1/2. 2 Stories. Totally renovated in 2013. High visibility on Route 154. Taxes: $6,006. Geothermal HVAC. Solar hot water heater. Public water & sewer. 18 Parking spaces. Seller financing available. LP Propane gas tank. Phase I Environmental Report available.

PURCHASE: $833,000 Real Estate, Personal Property, Business Equipment
1. Lease with Purchase Option of Real Estate.
Years 1 3: $44,000/Yr. NNN. Years 4 5: $55,000/Yr. NNN
2. Two 5 year option Years 6 10: $60,000/Yr. NNN
Years 11 15: $66,550/Yr. NNN
3. Lease with Personal Property/
Business Equipment
$125,000 for all property with option to purchase real estate @ $700,000 during 1st 5 years. Thereafer, 1st right of refusal

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