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    495 Monroe Tpke Monroe, CT 06468

    For Sale
    $2,366,000

    Retail property with NAPA Auto Parts and Webster Bank tenants.

    Property size:
    10,560 SF
    Lot size:
    0.95 Acres

    Property Features for 495 Monroe Tpke

    General Information

    Size
    10,560 SF
    Lot size
    0.95 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Harry Archer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NNN Leased Retail Investment Property

    The property is a 10,560 square foot retail property located at 495 Monroe Turnpike in Monroe, CT. It is currently leased to NAPA Auto Parts and Webster Bank. The property operates under a triple net (NNN) lease, with the tenants responsible for all property taxes, insurance, utilities, and daily maintenance, including snow plowing and trash removal. NAPA Auto Parts, part of Genuine Parts Company, is the largest global auto parts network. Webster Bank is an American commercial bank with over 196 locations and $76 billion in assets and has been at this location since 2003. The NAPA Auto Parts lease includes 2% annual rent increases. The Webster Bank lease includes a 10% rent increase in January 2026. The property is located in a community with an average household income exceeding $160,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    Webster Bank Bank ATM Atm NAPA Auto Parts ... Auto Parts Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2168933
    Latitude
    41.3166638

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    FAQs

    What type of property is this?
    Bank - Retail property with NAPA Auto Parts and Webster Bank tenants.
    Where is this bank located?
    The property is located at 495 Monroe Tpke Monroe, CT.
    What is the asking price?
    The asking price for this property is $2,366,000.
    What are key features of this property?
    This property features: - NNN Lease Structure: Minimal landlord responsibilities.; - Established Tenants: Features NAPA Auto Parts and Webster Bank, providing stability.; - Attractive Rent Escalations: Includes annual increases for NAPA and a significant increase for Webster Bank in 2026.
    (844) 474-4666
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    495 Monroe Tpke Monroe, CT 06468
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    495 Monroe Tpke Monroe, CT 06468
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