New Construction 7-Eleven
For Sale
Contact for pricing
815 Hamilton Ave, Waterbury, CT 06706
New construction 7-Eleven on a triple-net lease with additional income from billboard and cell tower leases.
Property Size4,088 SF
Lot Size1.98 Acres
Days on Market131
Property Features for 815 Hamilton Ave
General Information
Standard status
Active
Size
4,088 SF
Lot size
1.98 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 9:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This new construction 7-Eleven is being offered as a triple-net (NNN) property under a 15-year lease structure, with rent set to commence when the tenant opens for business. The building is approximately 4,088 rentable square feet, set on an estimated 1.98-acre parcel. The lease includes five (5) five-year renewal options, which extend the total possible lease term to 40 years.
The listing also includes two separate revenue components on-site: a billboard leased to The Lamar Companies and a cell tower leased to Omnipoint Communications Inc. The billboard lease has roughly 15 years remaining, and it generates annual rent plus participation based on billboard sales. The cell tower lease provides additional annual rent.
The rent commencement is anticipated for an early Spring opening timeline, subject to construction completion.
The listing also includes two separate revenue components on-site: a billboard leased to The Lamar Companies and a cell tower leased to Omnipoint Communications Inc. The billboard lease has roughly 15 years remaining, and it generates annual rent plus participation based on billboard sales. The cell tower lease provides additional annual rent.
The rent commencement is anticipated for an early Spring opening timeline, subject to construction completion.
Key Highlights
- New construction 7‑Eleven at 815 Hamilton Avenue in Waterbury, CT, with about 4,088 rentable SF on an estimated 1.98‑acre parcel
- 15‑year triple‑net (NNN) lease with rent commencing when the tenant opens; initial rent is $248,000 with 7.5% increases every 5 years
- Five (5) five‑year tenant renewal options, extending the total possible lease term to 40 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 26%
Mobil
Shops & Services
13,720 visits/mo
0.1 miles
Dunkin' Donuts
Dining
10,651 visits/mo
0.1 miles
Citgo
Shops & Services
9,840 visits/mo
0.4 miles
7-Eleven
Shops & Services
4,954 visits/mo
0.1 miles
Shell
Shops & Services
3,780 visits/mo
0.2 miles
Demographics for 06706, CT
14,699
Population
5,907
Households
2.5
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.8 sq mi
ZIP Area
3,868
Density / Sq Mi
$51,770
Median Household Income
$32,375
Median Earnings
$1,233
Median Rent
$171,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- D & M Supermarket — 1024 Baldwin St, Waterbury, CT 06706
- Miguels Mini Mart — 69 Washington St, Waterbury, CT 06706
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New construction 7-Eleven on a triple-net lease with additional income from billboard and cell tower leases.
Where is this grocery and convenience store located?
The property is located at 815 Hamilton Ave Waterbury, CT.
What are key features of this property?
This property features: New construction 7‑Eleven at 815 Hamilton Avenue in Waterbury, CT, with about 4,088 rentable SF on an estimated 1.98‑acre parcel; 15‑year triple‑net (NNN) lease with rent commencing when the tenant opens; initial rent is $248,000 with 7.5% increases every 5 years; Five (5) five‑year tenant renewal options, extending the total possible lease term to 40 years
