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209 Hale Rd
Manchester, CT 06042
TGI Fridays · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,732 SF
Building Class
B
Year Built/Renovated
1997/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.52 AC
Zoning
CUD
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 209 HALE RD , MANCHESTER, CT 06042

This TGI Fridays property is located at 209 Hale Rd in Manchester, Connecticut. The subject property is strategically situated in a dense retail corridor consisting of numerous national and local retail and restaurant concepts. Major national tenants in the immediate area include: Lowe’s, Hobby Lobby, The Home Depot, Sam’s Club, Target, Sears, Dick’s Sporting Goods, Walmart, Best Buy, Marshalls, Walgreens, Starbucks, Panera Bread, IHOP, Chipotle, McDonald’s, Michael’s, Five Below, Big Lots!, and Trader Joe’s. In addition to these numerous retail and restaurant concepts, the subject property benefits from its close proximity to 12 academic institutions, all of which are located within a three-mile radius. The most notable of these institutions is Manchester High School which has a total enrollment of approximately 1,500 students. The subject property is also located roughly two miles north of Manchester Memorial Hospital, a 250-bed state-of-the-art medical center that has been in operation in the community for nearly 100 years. The subject property benefits from its position on Hale Road, which has an average daily traffic count of 19,000 vehicles. The subject property also benefits from its close proximity to Interstate-84, which brings a total of 127,000 vehicles into the area, on average, each day. There are roughly 61,000 people living within a three-mile radius of the subject property and more than 126,000 people residing within a five-mile radius. Manchester is a town in Hartford County, Connecticut and is located roughly ten miles east of Hartford. Hartford is the capital city of the U.S. state of Connecticut. The city has the nickname of the “Insurance Capital of the World” as it is the home of many insurance company headquarters and is the region’s major industry. It is the core of the Greater Hartford area of Connecticut. Hartford is a center for medical care, research, and education. Within Hartford itself, the city includes Hartford Hospital, The Institute of Living, Connecticut Children’s Medical Center, and Saint Francis Hospital & Medical Center (which merged in 1990 with Mount Sinai Hospital). Hartford is also the historic international center of the insurance industry, with companies such as Aetna, Conning & Company, The Hartford, Harvard Pilgrim Health Care, The Phoenix Companies, and Hartford Steam Boiler all being based in the city, while companies such as Travelers and Lincoln National Corporation have major operations in the city. In March of 2018, Infosys announced the opening of a new technology innovation hub in Hartford, creating up to 1,000 jobs by 2022. The Hartford technology innovation hub will focus on three key sectors – insurance, healthcare, and manufacturing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MANC-000055-002630-000209
Land Assessment
$705,400
Improvements Assessment
$693,000
Total Assessment
$1,398,400
  • Listing ID: 14658539

  • Date on Market: 12/17/2018

  • Last Updated:

  • Address: 209 Hale Rd, Manchester, CT 06042

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