Chipotle, Jersey Mike's, Wayback Burgers 143 Purdy Hill Rd

Investment Highlights

Newly constructed building At Signalized intersection on very busy road with over 26,000 cars per day Average Household Income within a 3-mile radius exceeds $165,000 Located in desirable Fairfield County, CT Strong retail corridor with Stop & Shop, Big Y, McDonald?s and Panera among many others All 3 tenants have rental increases providing hedge against inflation and rising interest rates

Executive Summary

HMX Realty Advisors is pleased to present for sale this newly constructed, three-tenant building leased toChipotle, Jersey Mike?s Subs and Wayback Burgers. The building is approximately 5,300 sf on 2 acres of land and featuresupgraded construction materials with brick, efis and hardie clapboard. Chipotle occupies 2,337 sf and features a drive thrupickup lane. Jersey Mike?s as well as Wayback Burgers occupy 1,500 sf each. All three tenants have rental increases every 5years providing the investor a hedge against inflation and rising interest rates. The building has excellent visibility, sits at acorner, signalized intersection of Monroe Turnpike and Purdy Hill Road. Traffic counts in front of the property on MonroeTurnpike are over 25,000+ cars per day. The property is surrounded by national tenants including a new Panera Bread,Walgreens, US Post Office as well as Stop & Shop, Big Y and Home Depot.Located in Fairfield County, CT with a population exceeding 950,000 residents, it stands as one of the most populouscounties in the state. Its demographic profile reflects a mix of urban, suburban, and rural areas, each contributing to thecounty's dynamic tapestry.Home to affluent communities such as Greenwich and Westport, Fairfield County boasts a median household income wellabove the national average. These areas are renowned for their picturesque landscapes, upscale amenities, and thrivingeconomies.

• Sale Type    Investment NNN
• Sale Conditions    1031 Exchange 1031 Exchange Build to Suit 1031 Exchange
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Storefront Restaurant
• Building Size    5,300
• Year Built    2024
• Price    4,900,000
• Price Per SF    925
• Cap Rate    5.50
• NOI    269,500
• Percent Leased    100
• Building Height    1 Story