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Auto Dealership

Tesla Store & Service Center | Recent Expansion & Long-Term Extension | 500K+ People in 10-Miles

881 Boston Post Rd, Milford, CT 06460

Listing Price: $14,092,000

Cap Rate
6.75%
Tenant Name
Tesla, Inc.
Years Remaining On Lease
11.4
Guarantor
Corporate Guarantee
Rentable SF
71,134
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.37

Investment Overview

Marcus & Millichap is pleased to present a Tesla Store & Service Center located in Milford, CT (New Haven MSA).

Investment Highlights

  • Corporate Guarantee (NASDAQ: TSLA – $1.09T Market Cap)
  • Recent Expansion & Early Extension Showing Commitment to Site
  • Flagship Location for Tesla in CT - One of Two SSD Facilities in the State
  • Rare Annual Rent Increases with Minimal Landlord Responsibilities
  • Well-Below Market Rent for Tesla ($15.30/SF)
  • Dense Location with Strong Traffic Drivers

Exclusively Listed By

Financing By

Auto Dealership

Tesla Store & Service Center | Recent Expansion & Long-Term Extension | 500K+ People in 10-Miles

Listing Price: $14,092,000

Cap Rate
6.75%
Tenant Name
Tesla, Inc.
Years Remaining On Lease
11.4
Guarantor
Corporate Guarantee
Rentable SF
71,134
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.37

Investment Highlights

  • Corporate Guarantee (NASDAQ: TSLA – $1.09T Market Cap)
  • Recent Expansion & Early Extension Showing Commitment to Site
  • Flagship Location for Tesla in CT - One of Two SSD Facilities in the State
  • Rare Annual Rent Increases with Minimal Landlord Responsibilities
  • Well-Below Market Rent for Tesla ($15.30/SF)
  • Dense Location with Strong Traffic Drivers

Investment Overview

Marcus & Millichap is pleased to present a Tesla Store & Service Center located in Milford, CT (New Haven MSA).

Exclusively Listed By

Financing By

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