$7,500,000
Stop & Shop Plaza (Master Lease) | Madison, CT
Details
Property Type Retail
Sub Type Shopping Center, Grocery Store
Square Footage 70,107
Cap Rate 5.36%
NOI $402,324
Occupancy 100%
Tenancy Single
Brand/Tenant Stop & Shop
Lease Type Absolute NNN
Lease Expiration 05/10/2030
Rent Bumps Yes
Lease Options 14x5-Years Remaining
Pro-Forma Cap Rate 5.9%
Pro-Forma NOI $442,556
Price per SqFt $107
Year Built 2000
Buildings 2
Acreage 5.890
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 05/11/2000
Ground Lease No
Retail | 5.36% CAP | 70,107 SqFt
Marketing description
First Atlantic Realty LLC is pleased to present the exclusive offering of Stop & Shop Plaza | Madison, CT (the "Property"), a net-leased commercial property situated on approximately 5.890 acres at 128 Samson Rock Drive, Madison, CT. The Property is comprised of two buildings, the 60,070SF free standing Stop & Shop and a 10,037SF strip center. The Property is under a master lease to Stop & Shop on an absolute NNN basis, requiring zero landlord management and delivering predictable, growing income throughout the remaining lease term and options. Stop and Shop has a 50 year operating history at the property. The lease term runs through May 10, 2030 with 14 x 5-year Extension Options remaining, 10% increases at each.
Investment highlights
- The absolute NNN lease structure assigns all property-level responsibilities — including taxes, insurance, maintenance, and capital repairs — to the tenant.
- Completely reconstructed in 2000 to double the footprint, the building is purpose-built for the tenant's operations and maintained to corporate standards.
- 10% increases every five years
- Stop & Shop has operated out of this location since 1976
- Below market rents
- Strategic Master Lease
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$402,324.00
$33,527.00/mo
Valuation Metrics
0
DSCR
5.36%
Cap Rate
5.36%
ROI
Map
Zoning
DC CommercialSpecial CommercialDowntown Commercial District
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View all 28 uses Last updated Feb 19, 2026 For deeper zoning details, reports are available at Zoneomics
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