Walgreens 1083 Boston Post Rd 15,133 SF 100% Leased Retail Building Milford, CT 06460 $4,750,000 ($313.88/SF) 7.89% Cap Rate

PRICE IMPROVEMENT September 22nd!
Located in the bustling retail corridor Route 1, this freestanding retail building leased by Walgreens offers investors a rare opportunity to acquire a high-visibility, income-producing asset along one of Connecticut’s most trafficked commercial thoroughfares. With almost five years remaining on the current lease, the property generates stable cash flow while providing flexibility for future repositioning or redevelopment. The building sits on a highly accessible signalized corner with ample parking and strong visibility, making it an attractive location for a wide range of potential tenants in the long term.
Surrounded by a strong mix of national retailers, grocery anchors, and service businesses, the property benefits from excellent demographics and steady consumer traffic. Milford’s strategic location between New Haven and Fairfield County, along the I-95 corridor, makes it a prime destination for both regional and local commerce. This offering gives investors the ability to collect rent now while evaluating future upside—whether through re-leasing to another national brand, converting to multi-tenant retail, or exploring alternate commercial uses.