6 Todd Rd Shelton, CT 06484
High-return McDonald's investment. Prime CT location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- New construction McDonald's with a 20-year absolute NNN ground lease, including eight 5-year renewal options. Rent commencement is anticipated for April 1, 2025.
- Attractive rent increases: 15% in year 6, and 10% every 5 years thereafter, throughout the primary lease term and all renewals.
- Absolute NNN lease requiring zero management responsibilities.
- Investment-grade credit tenant: McDonald's (NYSE: MCD), rated BBB+ (S&P) and Baa1 (Moody's).
- Prime retail location at the signalized intersection of Platt Road and Bridgeport Avenue (CT Route 714), near major retailers including Walmart and Big Y. High traffic counts on CT Route 8 and local roads.
- Strong corporate office corridor with numerous national tenants, creating a large, affluent customer base.
Property Details for 6 Todd Rd
- Property type
- Retail properties
- Square Feet
- 3,690 SF
- Year Built
- 2025
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 50,965 SF
- Units
- 1
Location Insight
- City
- Shelton
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.2946996
- Longitude
- -73.1082669
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-return McDonald's investment. Prime CT location.
- Where is the retail property located?
- The property is located at 6 Todd Rd Shelton, CT.
- What is the asking price?
- The asking price for this property is $3,249,900.
- What are key features of this property?
- This property features: New construction McDonald's with a 20-year absolute NNN ground lease, including eight 5-year renewal options. Rent commencement is anticipated for April 1, 2025.; Attractive rent increases: 15% in year 6, and 10% every 5 years thereafter, throughout the primary lease term and all renewals.; Absolute NNN lease requiring zero management responsibilities.
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