Trinity Health Center | Watertown, CT
Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,988 SF Trinity Health Center NNN Asset Located at 486 Straits Turnpike in Watertown, CT. This Deal Includes a 7.2 Years Remaining on an 8-Year Triple Net (NNN) Lease and Corporately Guaranteed By Trinity Health of New England Corporation, Inc, Providing For a Secured Investment.
- Trinity Health has 7.2 Years Remaining on the 8 Year Triple Net (NNN) Lease with Two (2) Five (5) Year Options Periods
- Corporately Guaranteed By Trinity Health of New England Corporation, Inc.
- Strong National Brand – Trinity Health Operates 92 Hospitals in 22 States, Including 120 Continuing Care Locations, and Employs Over 120,000 People
- Trinity Health Surpassed Over $23 Billion in Revenue For FY24
- 2% Rent Bumps Annually Provide Strong Hedge Against Inflation
- The Next Rent Increase Takes Place in May 2025 Bringing the Total Rent to $476,978
- Strong Demographics With an Average Household Income of $99,415 Within a 3-Mile Radius
- Brand New Construction on Signalized Corner
BoR: Andrew Ackerman – Lic. CT #REB.0792529
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