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101 Stonebridge Court
Cheshire, CT 06410

$2,181,818 USD

Convenience Store For Sale  •  5,292 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 5,292 SF
  • Lot Size 2.5 AC
  • Building Class C
  • Year Built 2025
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning R-20
0 Transit Score
41 Walk Score

Highlights

25-Year Absolute NNN Ground Lease - Mobil Gas & Convenience – Brand New 2024 Construction – Interstate Location
Trophy Location – Interstate 691 (74,600 Cars Per Day) and Highland Ave (19,300 Cars Per Day) – High Income Area (HHI of $117K)
True Coupon Clipper Investment – Long-Term Lease – Benefits from Nearby Busy I-84/I-691 Interchange – Mobil – Subsidiary of ExxonMobil (NYSE: MOB)
Main Traffic Corridor Interstate On-Ramp – Personal Guarantor on Lease – Stable, Strong Cash Flow from a National Brand
Incredible Demographics – 585,602 Population within 15-Min Drive – 2.5 Acre Site – Pride of Ownership – Delivered Free & Clear of Debt
Main Traffic Corridor Interstate On-Ramp – Personal Guarantor on Lease – Stable, Strong Cash Flow from a National Brand – Long-Term Rental Growth

Property Flyers

Cap Rate: 5.50 %

Public Transportation

Commuter RailDriveWalkDistance
Meriden (Amtrak Hartford Line - Hartford Line, Hartford Line - Hartford Line, Northeast Regional - Hartford Line, Valley Flyer - Hartford Line, Vermonter - Hartford Line) 11 min - 8.3 mi
Wallingford Amtrak (Amtrak Hartford Line - Amtrak, Hartford Line - Amtrak, Northeast Regional - Amtrak, Valley Flyer - Amtrak) 14 min - 8.9 mi
AirportDriveWalkDistance
Tweed/New Haven 30 min - 20.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Spencer O'Donnell 714-400-6267 Charter Realty Company
Spencer O'Donnell 714-400-6267 Charter Realty Company