Wheels Gas Station and Convenience
For Sale
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313 Naugatuck Ave, Milford, CT 06460
Freestanding fuel and convenience retail property under an absolute NNN master lease.
Property Size3,390 SF
Price / SF$1,233
Days on Market12
Property Features for 313 Naugatuck Ave
General Information
Standard status
Active
Size
3,390 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$250,934
Building Details
Year Built
1958
Year Renovated
2015
Tenancy
Single
Listing Agency:
JLL - Dallas | Cedar Springs, Texas
Listed By:
Caroline Pinkston · License #601565
Source:
Crexi
Added: Aug 7
Changed: Aug 16
Last Checked: Aug 17 at 11:28AM
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 JLL - Dallas | Cedar Springs, Texas
Investment Insights
Based on property information with market context.
The property is a 3,390-square-foot gas station and convenience store built in 1958. It is operated by Global Montello Group Corp. under an absolute NNN master lease, with no landlord responsibilities stated in the lease structure.
The lease has 10.4 years remaining and includes four five-year renewal options, along with 1.5% annual rent escalations and a corporate guarantee. The property is located at 313 Naugatuck Ave in Milford, Connecticut.
The lease has 10.4 years remaining and includes four five-year renewal options, along with 1.5% annual rent escalations and a corporate guarantee. The property is located at 313 Naugatuck Ave in Milford, Connecticut.
Key Highlights
- 3,390‑square‑foot gas station and convenience store
- Absolute NNN master lease with zero landlord responsibilities
- 10.4 years of lease term remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Carquest Auto Parts - D & M Auto - Milford CT
Shops & Services
1,053 visits/mo
0.3 miles
Caliber Collision
Shops & Services
707 visits/mo
0.1 miles
Demographics for 06460, CT
37,310
Population
17,800
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,009
Density / Sq Mi
$106,776
Median Household Income
$66,334
Median Earnings
$1,804
Median Rent
$372,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Freestanding fuel and convenience retail property under an absolute NNN master lease.
Where is this gas station located?
The property is located at 313 Naugatuck Ave Milford, CT.
What is the asking price?
The asking price for this property is $4,182,000.
What are key features of this property?
This property features: 3,390‑square‑foot gas station and convenience store; Absolute NNN master lease with zero landlord responsibilities; 10.4 years of lease term remaining
