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1083 Orange Ave
West Haven, CT 06516 West Haven

$1,285,714 USD

Auto Repair For Sale  •  1,408 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 1,408 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 7.00 %
  • Tenancy Single
0 Transit Score
71 Walk Score

Highlights

15-year sale leaseback at close of escrow with 10% rental increases every 5 years during the primary term
Building renovated in December 2022, including new signage
Rare opportunity to purchase a nationally branded absolute NNN asset in the Northeast, situated halfway between New York City and Hartford, CT
Excellent visibility & signage from the corner location of Boston Post Road & Jaffrey Street
Strong traffic counts of approximately 21,000 VPD on Boston Post Road
Subject property is located within 1-mile of the newly developed 200,000 SF Amazon distribution facility with over 100 employees and 15 loading docks

Property Flyers

Cap Rate: 7.00 %

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.6 mi
6 min - 3.3 mi
AirportDriveWalkDistance
Tweed/New Haven 16 min - 8.1 mi
Long Island MacArthur 129 min - 48.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Zandy Smith 415-307-9010 CP Partners CRE
Zandy Smith 415-307-9010 CP Partners CRE