Auto Service - Gas-Conv
Stop & Shop Gas Station
701 Farmington Ave, Bristol, CT 06010
Listing Price: $2,202,200
Investment Overview
Marcus & Millichap is pleased to present for sale the Stop & Shop Gas Station
located at 701 Farmington Ave in Bristol, Connecticut. This location is on an
Absolute Net lease with no landlord responsibilities and features 10% rent
increases every 5 years. There are 5.5 years remaining on the base term with
eight 5-year options to extend. The lease is guaranteed by Stop & Shop’s
parent company Ahold Delhaize, a credit rated corporate guarantor that
generated over $95 billion in revenue in 2022.
The subject property consists of a 1,968 SF building with 5 pumps on a pad at
the front of Bristol Plaza, a community shopping center that includes a Stop
& Shop Grocery Store, TJ Maxx, Burlington, Starbucks, Ocean State Job Lot,
Dollar Tree, Five Below, and several smaller regional and national tenants.
Located on Farmington Ave, which is also known as US Route-6, the site is
passed by more than 24,000 vehicles per day. The property is located on a
busy retail corridor in a densely populated area with several national tenants
surrounding the property, including Walmart, Home Depot, Walgreens, CVS,
AutoZone, Firestone, Dunkin, McDonalds and many, many more.
Stop & Shop Gas Station
Investment Highlights
- Credit Rated tenant on a corporately backed lease
- Absolute Net lease with zero landlord responsibilities
- Densely populated area, with more than 100,000 residents within 5-miles of the site
- Internet, pandemic and recession-proof tenant
- Asset qualifies for accelerated depreciation
- Pad to a grocery-anchored shopping center that includes many large national tenants
Exclusively Listed By
Listing Price: $2,202,200
Investment Highlights
- Credit Rated tenant on a corporately backed lease
- Absolute Net lease with zero landlord responsibilities
- Densely populated area, with more than 100,000 residents within 5-miles of the site
- Internet, pandemic and recession-proof tenant
- Asset qualifies for accelerated depreciation
- Pad to a grocery-anchored shopping center that includes many large national tenants
Investment Overview
Marcus & Millichap is pleased to present for sale the Stop & Shop Gas Station located at 701 Farmington Ave in Bristol, Connecticut. This location is on an Absolute Net lease with no landlord responsibilities and features 10% rent increases every 5 years. There are 5.5 years remaining on the base term with eight 5-year options to extend. The lease is guaranteed by Stop & Shop’s parent company Ahold Delhaize, a credit rated corporate guarantor that generated over $95 billion in revenue in 2022. The subject property consists of a 1,968 SF building with 5 pumps on a pad at the front of Bristol Plaza, a community shopping center that includes a Stop & Shop Grocery Store, TJ Maxx, Burlington, Starbucks, Ocean State Job Lot, Dollar Tree, Five Below, and several smaller regional and national tenants. Located on Farmington Ave, which is also known as US Route-6, the site is passed by more than 24,000 vehicles per day. The property is located on a busy retail corridor in a densely populated area with several national tenants surrounding the property, including Walmart, Home Depot, Walgreens, CVS, AutoZone, Firestone, Dunkin, McDonalds and many, many more.
Exclusively Listed By
