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1350 Barnum Ave
Stratford, CT 06614
Retail Property For Sale
Investment Highlights
- Investment Grade Credit Tenant – Advance Auto Parts (Moody’s Rated “Baa2”, Outlook: Stable)
- Net Leased Investment – Minimal Landlord Responsibilities (Slab/Foundation & Structure Only)
- Long Term Passive Investment – Ease of Management Zero Day-to-Day Maintenance Responsibilities
- 9.8 Lease Years Remaining – 3, 5 Year Options – 7.6% Increase in Option 1 10% Increases Thereafter
- Hard Corner Signalized Intersection Positioning – Excellent Visibility Easy Ingress/Egress
- Nearby Major Retailers Including CVS, AutoZone, O’Reilly Auto Parts, Firestone Complete Auto Care, Chase Bank, Bank of America, Burlington
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,768 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.50 AC
Zoning
E-13
Parking
15 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
141’ on Barnum
Property Taxes
| Parcel Number | STRA-004010-000009-000002 | Improvements Assessment | $865,620 |
| Land Assessment | $415,800 | Total Assessment | $1,281,420 |
Property Taxes
Parcel Number
STRA-004010-000009-000002
Land Assessment
$415,800
Improvements Assessment
$865,620
Total Assessment
$1,281,420
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