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Take 5 Oil Change

$1,167,883

1083 Orange Avenue, West Haven, CT 06516

Pending
Last Updated: 03/24/2025

6.85

Cap Rate

80,000

NOI

Details:
Cap Rate:    6.85%
NOI:    $80,000
Building Size:    1,408 sqft
Lot Area:    0.36 acres
Occupancy:    100%
Tenancy:    Single
Parking Spots:    9
Year Last Renovated:    2022
Gross Leaseable Area:    1,408
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
Description:

This Take 5 Oil Change, located halfway between New York City and Hartford, CT, features a 15-year sale leaseback with 10% rental increases every 5 years during the primary term. Strong national tenant, with parent company system-wide sales of over $6.2 billion (FY, 2023). Subject property is located in a dense retail node on Boston Post Road.

Map:
Documents:
Title
Take5OilChange_WestHavenCT.pdf
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Location
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