New Construction 7-Eleven
815 Hamilton Ave Waterbury, CT 06706
For Sale
Contact for pricing
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 Market103
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: Jul 23
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
Location Intelligence
Current Use by Public Records
Auto Resources Ltd ...
Loan Service
Exxon
Gas Station
7 - Eleven
Gas Station
Mobil
Gas Station
Laredo Taco Company
Restaurant
Similar Off Market Nearby
- D & M Supermarket — 1024 Baldwin St, Waterbury, CT 06706
- Miguels Mini Mart — 69 Washington St, Waterbury, CT 06706
FAQs
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
