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East Haven Rite Aid sells for $7.8M

A Rite Aid drug store building in East Haven has been sold for $7.8 million.

Malibu, Calif.-based Cedros Building LLC sold the 645 Foxon Road property to Hawaii-based Rutkowsky LLC in a deal recorded Sept. 30.

Built in 2008, the 14,800-square-foot building sits on 1.5 acres and has a total appraised value of $6.9 million, according to town property records.

Foxon Road, or Route 80, is a busy commercial stretch, with the Rite Aid located near other retail stores such as CVS and Krauszer’s.

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The listing brokers were Jason Gribin, Jack Dunn and Jordan Uttal of KW Commercial.

Contact Hanna Snyder Gambini at hgambini@hartfordbusiness.com.
 

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