Gas Station with Convenience
New
For Sale
Contact for pricing
5 Jones Hill Rd, West Haven, CT 06516
Absolute NNN tenancy combines corporate backing with no landlord responsibilities.
Property Size2,891 SF
Price / SF$1,324
Days on Market6
Property Features for 5 Jones Hill Rd
General Information
Standard status
Active
Size
2,891 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$229,707
Building Details
Year Built
1971
Tenancy
Single
Listing Agency:
JLL - Dallas | Cedar Springs, Texas
Listed By:
Caroline Pinkston · License #601565
Source:
Crexi
Added: Aug 7
Changed: Aug 12
Last Checked: Aug 12 at 3:41AM
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 2,891-square-foot gas station and convenience store at 5 Jones Hill Road in West Haven, Connecticut. Built in 1971, the asset combines fuel service with convenience retail operations and is occupied by Global Montello Group Corp.
The tenancy is structured under an absolute NNN master lease, with 10.4 years remaining and four additional five-year renewal options. The agreement provides 1.5% annual rent escalations, a corporate guarantee, and no landlord responsibilities. The surrounding five-mile trade area includes more than 112,000 residents and reports an average household income of $119,000.
The tenancy is structured under an absolute NNN master lease, with 10.4 years remaining and four additional five-year renewal options. The agreement provides 1.5% annual rent escalations, a corporate guarantee, and no landlord responsibilities. The surrounding five-mile trade area includes more than 112,000 residents and reports an average household income of $119,000.
Key Highlights
- 2,891‑square‑foot gas station and convenience store
- Absolute NNN master lease with zero landlord responsibilities
- 10.4 years of remaining lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
9,582 visits/mo
0.2 miles
Shell
Shops & Services
8,299 visits/mo
0.1 miles
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
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 - Absolute NNN tenancy combines corporate backing with no landlord responsibilities.
Where is this gas station located?
The property is located at 5 Jones Hill Rd West Haven, CT.
What is the asking price?
The asking price for this property is $3,828,000.
What are key features of this property?
This property features: 2,891‑square‑foot gas station and convenience store; Absolute NNN master lease with zero landlord responsibilities; 10.4 years of remaining lease term
