1000 Boston Post Road in Old Saybrook, Connecticut is a free - standing Staples office supply store with a gross leasable area (GLA) of approximately 24,000 square feet and sits on a 9.7- acre lot. This Staples location is the only major office supply store that exists in a 15-mile radius and is unofficially one of the highest grossing Staples stores in the state of Connecticut. In addition to office supplies, this location also serves food and general merchandise.

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There are five years remaining on a corporately guaranteed, double-net (NN) lease that expires in January of 2023. The guarantor is Staples Inc., who has a Standard & Poor’s (S&P) credit rating of B+. The Property is located along the southbound side of Boston Post Road (16,000 Vehicles Per Day (VPD)). The Property is in an area with an average household income of $115,000, which is well above the national average. Major institutions and retailers in the area include Super Stop & Shop, Walmart, Kohl’s, Big Y, Starbucks, Burger King, and McDonald’s, Old Saybrook High School, and among many others.

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This Property presents a tremendous opportunity for qualified investors to acquire an asset in a dense retail corridor, in a neighborhood with favorable demographics.