1249 Farmington Ave - Fast Food FOR SALE


Bristol, CT 06010- Bristol/Plainville
$5,250,000 USD
619-997-1242
1249 Farmington Ave, Bristol, CT for Sale
$5,250,000 USD
Fast Food - FOR SALE
1/11
null | 4% Cap Rate

1249 Farmington Ave
Bristol, CT 06010
Bristol/Plainville


HIGHLIGHTS

  • New 15-Year Lease | Scheduled 10% Rent Increases
  • 2025 Construction | Absolute NNN Ground Lease
  • Strong National Brand
  • Situated In A Brand-New Shopping Center | Prime Retail Corridor
  • Dense Residential Base | Affluent Demographics
  • Excellent Frontage, Visibility & Access | Proximity To Community Anchors

OVERVIEW

SRS Real Estate Partners is pleased to present the opportunity to acquire the leased fee interest in a newly constructed Chick-Fil-A located in Bristol, Connecticut. This asset is corporately backed by a brand-new 15-year absolute NNN ground lease, with eight (8) additional 5-year renewal options, offering long-term income security and zero landlord responsibilities. The lease features scheduled 10% rent increases, providing investors with reliable rent growth and a built-in hedge against inflation. Constructed in 2025 with modern design, materials, and systems, the property offers contemporary aesthetics, energy efficiency, water recycling and no Landlord maintenance, repair or capital obligations. This Chick-Fil-A location fills a void in the market with their next closest location being over 5-miles away from here. This unit is scheduled to open for business in January 2026. The property is situated in one of Bristol’s most heavily trafficked retail corridors at a hard corner, full movement signalized intersection with over 27,000 vehicle per day on Farmington Avenue and is strategically located within a brand-new center alongside Platinum Express Car Wash and ProHealth Medical, a 26,000 SF facility with 45 advanced exam rooms. It is surrounded by major retailers including Walmart, Home Depot, Hobby Lobby, and ShopRite, all of which drive sustained consumer activity and limited competition. The trade area is populated with over 110,500 residents within a 5-mile radius, with an average household income projected to grow from $118,500 in 2024 to $135,800 by 2029. Multifamily communities such as New Cambridge Apartments (208 units), Meridian Tower (173 units), The Gables and Stafford West Condominiums are indicative of the growth and source of consistent daily demand in the area. Located less than 1.5 miles from St. Paul Catholic High School (~420 students) and Bristol Eastern High School (~1,100 students), the property also benefits from proximity to key community institutions.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$1,013 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A - Bristol, CT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Greg LabarreSRS Real Estate PartnersMore Info
619-997-1242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Greg LabarreSRS Real Estate PartnersMore Info
619-997-1242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.