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500 Queen St
Southington, CT 06489

7-Eleven - Trophy Freeway Location · Retail Property For Sale

Investment Highlights

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

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,714 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.20 AC
Zoning
B
Parking
16 Spaces
Frontage
238 ft on Queen Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SOUT-000169-000000-000001
Land Assessment
$1,033,623
Improvements Assessment
$1,192,604
Total Assessment
$2,226,227
  • Listing ID: 30403893

  • Date on Market: 2023-12-19

  • Last Updated:

  • Address: 500 Queen St, Southington, CT 06489

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