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Property profile & analytics
FOR LEASE
Commercial land

846 Main St Monroe, CT 06468

1 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US15-0565389
Property summary
AI-generated overview

This exceptional retail opportunity presents a 500-1,450 square foot drive-thru endcap space for lease at 846 Main Street in Monroe, Connecticut. Located in Fairfield County, this property offers a highly visible location on Route 25/Main Street, boasting an impressive average daily traffic count of 21,000 vehicles. The space is a build-to-suit opportunity, allowing for customization to meet specific tenant needs. The property benefits from convenient access to city water, sewer, and gas services, with separate utility meters for efficient cost management. This endcap space is situated adjacent to a brand new gas convenience store, providing significant synergy and increased foot traffic potential. The single-tenancy building is classified as special purpose and is specifically designed as a drive-thru endcap, making it ideal for businesses requiring convenient customer access and high visibility. This location offers a unique chance to establish a thriving business in a high-traffic area with excellent infrastructure and a strong local market. The flexible square footage allows for adaptability to various retail concepts. Inquire today to learn more about this exceptional retail space and its potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
Zoning code B2
APN MONR M:103 B:019 L:00
UPID US15-0565389
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$905k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k
Owner & transaction history
Gondal Corp · 2 yrs held
Gondal Corp
since 2023
Last sale
$900,000
3 recorded transactions
2023
$900,000
2016
$500,000
2006
$1
Zoning & alternative use
B2 · Monroe, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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