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1083 Orange Ave
West Haven, CT 06516

$1,333,333 USD

Auto Repair For Sale  •  1,408 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,408 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
70 Walk Score

Highlights

15-year sale leaseback at close of escrow with 10% rental increases every 5 years during the primary term
Rare opportunity to purchase a nationally branded absolute NNN asset in the Northeast, situated halfway between New York City and Hartford, CT
Excellent visibility & signage from the corner location of Boston Post Road & Jaffrey Street
Strong traffic counts of approximately 21,000 VPD on Boston Post Road
Subject property is located within 1-mile of the newly developed 200,000 SF Amazon distribution facility with over 100 employees and 15 loading docks
Dense retail area near Target, Best Buy, McDonald’s, Starbucks, Wendy’s, O’Reilly Auto Parts, and Monroe Auto Parts

Property Flyers

Cap Rate: 6.00 %

Public Transportation

Commuter RailDriveWalkDistance
West Haven (New Haven - Metro-North Railroad) 3 min - 1.6 mi
New Haven (New Haven - Metro-North Railroad) 5 min - 3.3 mi
AirportDriveWalkDistance
Tweed/New Haven 15 min - 8.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Zandy Smith 415-274-2707 CP Partners CRE
Zandy Smith 415-274-2707 CP Partners CRE