6 Todd RdShelton, CT 06484
- Land
- 1.22 AC
Property Details for 6 Todd Rd
- Lot size
- 1.22 AC
- Zone code
- IA-3
- Property type
- Land
- Property subtype
- Commercial land
- APN
- SHEL M:77 L:25
- APU
- SHELM77L25
Description
This exceptional investment opportunity presents a newly constructed, 3,690 square foot McDonald's restaurant situated on a 1.17-acre lot at 6 Todd Rd, Shelton, CT 06484. The property boasts a 20-year absolute NNN ground lease commencing April 1, 2025, and expiring March 31, 2045, with eight 5-year renewal options. Rent increases are built in, with a 15% increase in year 6 and 10% increases every five years thereafter. This single-tenant property offers a passive investment opportunity with zero management responsibilities, backed by McDonald's (NYSE: MCD) strong credit rating (BBB+ S&P, Baa1 Moody's). The location is highly desirable, adjacent to a signalized intersection on a busy retail corridor between Route 8 and Trapp Falls Reservoir in Fairfield County. The property benefits from high traffic counts (over 22,100 vehicles daily at the intersection and 64,100 on Route 8), a strong demographic profile (45,000 people within 3 miles, average household income $127,941), and proximity to major retailers and employers, including a large grocery-anchored shopping center across the street. The property's NOI is $129,996, offering a 4.00% cap rate and a compelling return on investment. The building, constructed in 2025, is a single-story structure with a drive-thru. This is a rare opportunity to acquire a high-performing McDonald's in a prime Connecticut location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $10,056,734
- Hospitality
- $9,211,914
- Educational
- $7,664,204
- Medical
- $7,927,788
- Retail
- $11,922,096
Location Insight
- City
- Shelton
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.2946
- Longitude
- -73.1086
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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