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1212 Boston Post Rd 67,900 SF 100% Leased 4-Star Retail Building Milford, CT 06460 For Sale
Investment Highlights
- Prime Core Retail Investment Opportunity
- Stable In-Place Income & Secure Cash Flow
- Connecticut's No. 1 Ashley Anchors the Asset
- Strategic Boston Post Road Retail Corridor
- 100% Occupancy | 5.8 Years WALT
- Adjacent Mall Redevelopment
Executive Summary
Marcus & Millichap/French Retail Team is pleased to present 1212 Boston Post Road, a 67,900-square-foot multi-tenant retail asset in Milford, CT. The property is fully occupied by national retailers including Ashley Furniture, Old Navy, and DXL.
Positioned along the highly trafficked Boston Post Road—Milford’s “miracle mile”—the center benefits from exceptional visibility and proximity to one of the region’s strongest retail corridors.
The asset delivers a stable in-place Net Operating Income of $1,033,000 for the 2027 annualized period, supported by a weighted average lease term of 5.8 years and contractual rent increases across the tenant lineup.
With durable cash flow, a prime location, and strong surrounding retail demand drivers, 1212 Boston Post Road represents a high-quality core retail investment opportunity within one of Connecticut’s most established trade areas.
Positioned along the highly trafficked Boston Post Road—Milford’s “miracle mile”—the center benefits from exceptional visibility and proximity to one of the region’s strongest retail corridors.
The asset delivers a stable in-place Net Operating Income of $1,033,000 for the 2027 annualized period, supported by a weighted average lease term of 5.8 years and contractual rent increases across the tenant lineup.
With durable cash flow, a prime location, and strong surrounding retail demand drivers, 1212 Boston Post Road represents a high-quality core retail investment opportunity within one of Connecticut’s most established trade areas.
Financial Summary (Actual - 2027) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
67,900 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1994/1999
NOI
$1,033,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
7.73 AC
Zoning
CDD5 - Corridor Design Development District-5
Parking
285 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
261’ on Boston Post Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ashley Furniture
- Retailer
-
99,999 SF
- -
- -
- DXL
- Retailer
-
99,999 SF
- -
- -
- Old Navy
- Retailer
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ashley Furniture | Retailer | 99,999 SF | - | - | ||
| DXL | Retailer | 99,999 SF | - | - | ||
| Old Navy | Retailer | 99,999 SF | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | MILF-000089-000832-000010 | Total Assessment | $8,454,830 (2025) |
| Land Assessment | $3,594,800 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4,860,030 (2025) | Tax Year | 2027 |
Property Taxes
Parcel Number
MILF-000089-000832-000010
Land Assessment
$3,594,800 (2025)
Improvements Assessment
$4,860,030 (2025)
Total Assessment
$8,454,830 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2027
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Presented by
1212 Boston Post Rd
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