1350 Barnum Ave - Freestanding FOR SALE
Stratford, CT 06614 |
1350 Barnum Ave
Stratford, CT 06614
HIGHLIGHTS
- Investment Grade Credit Tenant – Advance Auto Parts (Moody’s Rated “Baa2”, Outlook: Stable)
- 9.8 Lease Years Remaining – 3, 5 Year Options – 7.6% Increase in Option 1 10% Increases Thereafter
- Net Leased Investment – Minimal Landlord Responsibilities (Slab/Foundation & Structure Only)
- Hard Corner Signalized Intersection Positioning – Excellent Visibility Easy Ingress/Egress
- Long Term Passive Investment – Ease of Management Zero Day-to-Day Maintenance Responsibilities
- Nearby Major Retailers Including CVS, AutoZone, O’Reilly Auto Parts, Firestone Complete Auto Care, Chase Bank, Bank of America, Burlington
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
6768
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
STRA-004010-000009-000002
