6 Todd Rd Shelton, CT 06484-5342

Property Details for 6 Todd Rd

Lot size

1.22 lot acres

Zone code

IA-3

Property type

Commercial land

APN

SHEL M:77 L:25

APU

SHELM77L25

Description

This exceptional investment opportunity presents a newly constructed, 3,690 square foot McDonald's restaurant situated on a 1.17-acre lot at 6 Todd Rd, Shelton, CT 06484. The property boasts a 20-year absolute NNN ground lease commencing April 1, 2025, and expiring March 31, 2045, with eight 5-year renewal options. Rent increases are built in, with a 15% increase in year 6 and 10% increases every five years thereafter. This single-tenant property offers a passive investment opportunity with zero management responsibilities, backed by McDonald's (NYSE: MCD) strong credit rating (BBB+ S&P, Baa1 Moody's). The location is highly desirable, adjacent to a signalized intersection on a busy retail corridor between Route 8 and Trapp Falls Reservoir in Fairfield County. The property benefits from high traffic counts (over 22,100 vehicles daily at the intersection and 64,100 on Route 8), a strong demographic profile (45,000 people within 3 miles, average household income $127,941), and proximity to major retailers and employers, including a large grocery-anchored shopping center across the street. The property's NOI is $129,996, offering a 4.00% cap rate and a compelling return on investment. The building, constructed in 2025, is a single-story structure with a drive-thru. This is a rare opportunity to acquire a high-performing McDonald's in a prime Connecticut location.