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500 Queen St
Southington, CT 06489 Southington/Berlin

Price Upon Request

Convenience Store For Sale  •  4,714 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 4,714 SF
  • Lot Size 2.2 AC
  • Building Class B
  • Year Built 2022
  • Tenancy Single
  • Zoning B
0 Transit Score
53 Walk Score

Highlights

Absolute NNN Ground Lease- zero landlord responsibilities for operating or capital expenses
Corporate Backed Long-Term Lease- 7-Eleven, Inc. signed a new 15-year ground lease with rent commencing on November 1st, 2022
Investment Grade Credit- 7-Eleven has an “A” rating from Standard & Poor’s
Attractive Rent Increases – lease features 8% rent increases every 5 years in the primary term and options, providing a hedge against inflation
Raise the Roost Location – Southern-inspired in-store restaurant concept by 7-Eleven featuring fried chicken, biscuits, wings, and sandwiches
Highly Desirable Freeway Location – Easily accessible via interstate-84 connecting Southington to Greater Hartford MSA serving over 85,700 VPD

Public Transportation

Commuter RailDriveWalkDistance
14 min - 8.3 mi
14 min - 8.3 mi
AirportDriveWalkDistance
Tweed/New Haven 41 min - 28.6 mi
Bradley International 53 min - 30.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes