411 Main St Avon, CT 06001

This exceptional investment opportunity presents a net-leased Mobil gas station and convenience store in Avon, CT. The property boasts a prime location at a signalized four-way intersection on Route 44 and Route 167, benefiting from high daily traffic counts exceeding 35,000 and 14,000 vehicles respectively. The 880 square foot building sits on a 0.43-acre lot within Avon's central retail corridor, surrounded by major retailers such as CVS, Walgreens, Stop & Shop, and Marshalls, and near shopping destinations like Avon Marketplace and Simsbury Commons. The property features a strong 5.85% cap rate and a substantial net operating income (NOI) of $175,450. The current lease, with Mobil (leased to Global Partners LP, a Fortune 500 company with over $17 billion in revenue), has 7.9 years remaining on the initial 20-year term, followed by eight five-year renewal options, each with a 10% rent increase. Avon's affluent demographics, with average household incomes exceeding $160,000, further enhance the investment's appeal. This is a rare opportunity to acquire a stable, high-performing retail asset in a thriving Connecticut market. The asking price is $2,999,000, representing a price per square foot of $3,407.95. The lease commenced October 1, 2021, and expires October 1, 2032. This NNN lease structure minimizes landlord responsibilities, offering a passive income stream with significant long-term potential.