Entity Owned Property summary
This exceptional investment opportunity presents the fee-simple interest in a single-tenant, absolute NNN ground lease Red Robin restaurant located at 15 Hazard Avenue in Enfield, Connecticut. Built in 2004, this 6,350 square foot restaurant boasts a prime location within Enfield Commons, enjoying excellent visibility and frontage along Hazard Avenue (CT Route 190), a major commercial thoroughfare. The property benefits from its proximity to Interstate 91 and US Route 5, ensuring high traffic… counts exceeding 28,600 vehicles daily. The site is strategically positioned adjacent to the Enfield Square Mall and surrounded by a robust mix of national retailers, grocers, and restaurants, creating a strong retail environment and captive customer base. The current lease, commencing August 1, 2015, and expiring July 31, 2035, offers a substantial remaining term of 10.7 years, with four 5-year renewal options. Attractive 10% rent increases are built into the lease every five years, providing a hedge against inflation and increasing revenue streams. The property sits on a 0.33-acre lot and features a 6.75% cap rate with a current NOI of $262,900 and an asking price of $3,894,815. The corporate-guaranteed lease requires zero landlord responsibilities, making this an ideal passive investment. The strong tenant, Red Robin Gourmet Burgers, Inc., reported $1.3 billion in revenue in 2023, demonstrating financial stability. The surrounding area boasts a dense population within a 3-5 mile radius, with average household incomes exceeding $118,739 and $139,154 respectively. This location is considered a top performer within the Red Robin system, both in Connecticut and nationally.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 21 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
BG, and BR districts. 13. Governmental Buildings and Facilities must be of design and scale to complement the TVCZ. 14. Medical Offices may include appropriate laboratory facilities to serve the needs of the office staff…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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