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1683 Barnum Ave
Stratford, CT 06614

$1,750,000 USD

Service Station For Sale  •  2,989 SF

Property Details

  • Property Type Service Station
  • Total Building Size 1,730 SF
  • Lot Size 0.38 AC
  • Building Class C
  • Year Built 2023
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
82 Walk Score

Highlights

15-Year, true NNN, sale leaseback at close of escrow
New construction building with 3-service bays, has been open and operating since July 2023 with a proven track record
10% rental increases every 5 years during primary term & option periods
Excellent visibility & signage from the corner location of Barnum Avenue (Route 1) and W Broad Street with 21K VPD on the hard corner
Rare opportunity to purchase a nationally branded absolute NNN asset in Fairfield County , Connecticut, with $90K HH Incomes and over 100K residents i
High barrier of entry store location within approximately 1-mile of the 160,000 SF Stratford Square and the Walmart/Home Depot anchored Stratford Cros

Property Flyers

Cap Rate: 6.00 %

Public Transportation

Commuter RailDriveWalkDistance
Stratford Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 15 min 0.8 mi
Bridgeport Station (New Haven Line - Shore Line East, Shore Line East - Shore Line East) 7 min - 3.8 mi
AirportDriveWalkDistance
Tweed/New Haven 31 min - 19.4 mi
Long Island MacArthur 114 min - 38.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Zandy Smith 415-274-2707 CP Partners CRE
Zandy Smith 415-274-2707 CP Partners CRE