480 Saw Mill Road
West Haven, CT
Price:
$13,700,000
Cap Rate:
5.00%
NOI:
$685,000
Building Size:
Approx. 6,500 Sq. Ft.
Lot Size:
Approx. 2.8 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- Assumable Debt: $8.9M | 4.50% Rate | 10 Yr Fixed | 30 Yr Amortization
- 2022 Construction. 6,500+/- SF Building on 2.80+/- Acre Site
- Brand New 15 Yr Abs. NNN Corporate Lease w/ 8% Rent Bumps Every 5 Yrs
- 7-Eleven (S&P A Credit Rating) | Largest Retailer in the World
- Exclusive 80ft Billboard Sign on I-95 (125,000+ VPD)
- Shadow-Anchored by Walmart | 8-Min Drive from Yale University
- 20 Consumer Fueling Positions | 4 High Speed Diesel Lanes
- Large Format 24-Hour 7-Eleven Travel Center – Laredo Taco & Raise the Roost Chicken
- Greater New Haven MSA | $1B in VC Funding in Biotech & Medical Sectors