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McDonald's 6 Todd Rd

3,690 SF Retail Building Shelton, CT 06484 $3,249,900 ($881/SF) 4% Cap Rate

Investment Highlights

  • New Construction Ground Lease
  • Zero Management Responsibilities
  • Prime Retail Loation
  • Rare & Attractive Rent Increases
  • Best-In Class Credit Tenant
  • High Traffic Counts

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a new construction McDonald’s located at 6 Todd Road in Shelton, Connecticut (the “Property”). The free-standing single tenant McDonald’s consists of a 3,690 square foot building with a drive thru. McDonald’s has a new 20-year Absolute NNN Ground Lease with eight (8), five-year renewal options. The lease calls for attractive rent increases every 5-years throughout the primary lease term and at the start of each renewal option. The Property is currently under construction and has an anticipated rent commencement date of April 1, 2025. McDonald’s is extremely well located adjacent to a signalized intersection on the northern end of a busy retail, medical and corporate office corridor along Bridgeport Avenue between Route 8 and the Trapp Falls Reservoir in Fairfield County. The destination trade area serves the surrounding towns of Seymour, Ansonia, Derby, Monroe, and Trumbull, as well as travelers on CT Route 8, a primary commuter highway serving over 64,100 vehicles per day. McDonald’s is across the street from The Marketplace, a newer grocery anchored shopping center, and is surrounded by high-end office buildings with a captive employment base, national retailers and restaurants, and luxury apartment communities that drive traffic to the immediate area.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,690 SF
Building Class
C
Year Built
2025
Construction Status
Proposed
Price
$3,249,900
Price Per SF
$881
Cap Rate
4%
NOI
$129,996
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
1.17 AC
Zoning
IA-3

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • McDonald's
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
McDonald's Accommodation and Food Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SHEL-000077-000000-000025
Land Assessment
$162,260
Improvements Assessment
$0
Total Assessment
$162,260
  • Listing ID: 33475790

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 6 Todd Rd, Shelton, CT 06484

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