This freestanding CVS/pharmacy store is situated at the intersection of Bridge Street (CT Route 68) and Spring Street in Naugatuck, Connecticut. It is a relocation store from an end-cap location immediately across the street. The former location was only 7,200 square feet with no drive-thru facility. As a result of that store's success, CVS relocated to the subject site in 2008. Redeveloped in 2008, the developer took on a very challenging 10 parcel assemblage. As a result of the high barriers in the area, a land lease structure was the only way the assemblage could be completed. Today, CVS shares a signaled entrance access point with prominent pylon signage and is cross-eased with a new multi-tenant project leased by AutoZone, Dunkin' Donuts, Subway and Sis-Mart. This store is positioned perfectly in the heart of the neighborhood's retail corridor. Immediately across the street is Bridge Shopping Center, anchored by Big Y Foods with Blockbuster, KFC and inline space. South of the property are three other retail venues - Mountainview Plaza, anchored by a Stop & Shop grocery store with fuel station; Crosspointe Plaza, anchored by Family Dollar; and a freestanding Walmart. It should be noted that Walgreens attempted to develop a store nearby but was unable to proceed; further proof of the immense barriers to entry in this market. The property is in close proximity to the property are the Naugatuck elementary and high schools. Within a one-mile radius of the property, there are approximately 11,000 people. The average household income level is an affluent $70,827. Naugatuck is located approximately two hours from the headquarters for CVS/Caremark in Woonsocket, Rhode Island. A consolidated borough and town in New Haven County, Naugatuck has a population of 31,862 (at the 2010 census). Located approximately 16 miles from New Haven itself, Naugatuck spans both sides of the Naugatuck River just south of Waterbury, and includes the communities of Union City on the east side of the river, which has its own post office, Straitsville on the southeast (along Route 63, and Millville on the west (along Rubber Avenue). New Haven County, located in the south central part of Connecticut, has a total population of 862,477 making it the third most populated county in Connecticut.

Marcus & Millichap is pleased to exclusively offer this CVS/Pharmacy [Leasehold Interest] in the town of Naugatuck, Connecticut. This property is a relocation store for the tenant from a successful store which was located immediately across the street for many years. As a result of a loyal, established customer base in the market, this location has very strong sales volumes which significantly reduce an investors risk of a non-renewal by the tenant. It should be further noted that the CVS headquarters in Woonsocket is located only two hours away, and CVS has a strong market share in this region. The Tenant reports sales at this location (please contact the listing agent for details). The Naugatuck market has immense barriers to entry as this site took more than three years to assemble (a total of 10 parcels). The base term of the lease has 22 years remaining followed by six, five year options. With the tenant's sales volume's in this location, its highly likely CVS will occupy this property long-term. The ground lease mirrors the leasehold on the base term and all options. To the new ownership