Chick-Fil-A 487 Saw Mill Rd

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a new construction Chick-fil-A located at 487 Saw Mill Road in West Haven, Connecticut (the “Property”). The free-standing single tenant Chick-fil-A consists of a 2,702 square foot building with a double drive thru. Chick-fil-A has a new 20-year Absolute NNN Ground Lease with eight (8), five-year renewal options. The lease calls for an attractive 10% rent increase in year 11 and at the start of each renewal option. The Property is currently under construction and has an anticipated rent commencement date of December 1, 2024. The new construction Chick-fil-A is extremely well located along Saw Mill Road (CT Route 162). The Property enjoys outstanding visibility, frontage and signalized access and is positioned directly in front of Interstate 95’s exit 42 on-off ramp. The Property is part of a dominant trade area that is home to numerous national retailers and restaurants (including Walmart Supercenter, McDonald’s, 7-Eleven, Starbucks, Chipotle, Aspen Dental, Texas Roadhouse and Aldi), the West Haven Train Station, the VA Hospital and VA Connecticut Healthcare System Campus, Yale University West Campus, and major roadways including US Route 1 and Interstates 95, all of which drive traffic to the area. Additionally, the Property is within minutes of several area public and private schools, several colleges and universities, multiple nationally branded hotel/motels, and is surrounded by densely populated residential neighborhoods providing a built-in customer base.