101 Stonebridge Ct Highland Ave Cheshire, CT 06410
High-yield NNN ground lease, prime location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 25-Year Absolute NNN Ground Lease with Mobil. Brand new 2024 construction.
- High-traffic location at I-691 (74,600 VPD) and Highland Ave (19,300 VPD), high-income area ($117K HHI).
- Long-term, passive investment opportunity near I-84/I-691 interchange.
- Main traffic corridor access, personal guarantor, strong cash flow from a national tenant.
- Fixed rental escalations every 5 years, providing inflation hedge.
- Mobil, a subsidiary of ExxonMobil (NYSE:XOM), operates the gas station.
Property Details for 101 Stonebridge Ct Highland Ave
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 5,292 SF
- Lot Size (sq. ft)
- 108,900 SF
Location Insight
- City
- Cheshire
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.5163717
- Longitude
- -72.898434
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN ground lease, prime location
- Where is the retail property located?
- The property is located at 101 Stonebridge Ct Highland Ave Cheshire, CT.
- What is the asking price?
- The asking price for this property is $2,181,818.
- What are key features of this property?
- This property features: 25-Year Absolute NNN Ground Lease with Mobil. Brand new 2024 construction.; High-traffic location at I-691 (74,600 VPD) and Highland Ave (19,300 VPD), high-income area ($117K HHI).; Long-term, passive investment opportunity near I-84/I-691 interchange.
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