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10 Hemingway Ave 11,240 SF Retail Building East Haven, CT 06512 $2,350,000 ($209.07/SF)
INVESTMENT HIGHLIGHTS
- 11,240 SF Retail Building with Drive-thru
- Located at 4-Way Intersection (Route 142) with Traffic Light
- Close Proximity to Tweed Airport's Proposed New Entrance for potential increased traffic flow!
- Former Rite-Aid on 1.28 Acres with 53 Parking Spaces
- Current ADT 21,300
EXECUTIVE SUMMARY
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
O,R&L Commercial is pleased to present an 11,240 SF Retail building with existing drive-thru (former RiteAid) available for Lease or Sale located at 10 Hemingway Drive in East Haven, CT. The property has the strategic advantage of being located at the 4-way signalized intersection of Short Beach Road (Route 142) and Coe Ave, and is in close proximity to the new proposed entrance to Tweed Airport on Proto Drive. The location boasts an average daily traffic count (ADT) currently of 21,300 vehicles per day and the new entrance to the airport will dramatically increase passenger flow by this asset. With a drive-thru in place, this building is ideal for pharmacy, grocery, bank, medical or other various commercial uses with ample parking including 53 spaces. This property is ideal for investors seeking an opportunity to have a long-term tenant or owner occupiers building brand visibility in a rapidly evolving commercial corridor. Sale Price: $2,350,000 | Lease Rate: $15/SF NNN
| Space | Size | Space Use | Position | Available |
| 1st Floor | 11,180 SF | Retail | - | Now |
1st Floor
| Size |
| 11,180 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 11,180 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
O,R&L Commercial is pleased to present an 11,240 SF Retail building with existing drive-thru (former RiteAid) available for Lease or Sale located at 10 Hemingway Drive in East Haven, CT. The property has the strategic advantage of being located at the 4-way signalized intersection of Short Beach Road (Route 142) and Coe Ave, and is in close proximity to the new proposed entrance to Tweed Airport on Proto Drive. The location boasts an average daily traffic count (ADT) currently of 21,300 vehicles per day and the new entrance to the airport will dramatically increase passenger flow by this asset. With a drive-thru in place, this building is ideal for pharmacy, grocery, bank, medical or other various commercial uses with ample parking including 53 spaces. This property is ideal for investors seeking an opportunity to have a long-term tenant or owner occupiers building brand visibility in a rapidly evolving commercial corridor. Sale Price: $2,350,000 | Lease Rate: $15/SF NNN
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | EHAV-000160-001715-000002 | Improvements Assessment | $1,725,850 |
| Land Assessment | $308,700 | Total Assessment | $2,034,550 |
PROPERTY TAXES
Presented by
10 Hemingway Ave
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