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550 Universal Dr
North Haven, CT 06473
Panera Bread · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 13+ years remaining on corporate ground lease with 10% rental increases every 5 years in the base term and at the beginning of each option starting in
  • Relocation store with larger space and drive-thru
  • Busy trade area, only 8 miles from Yale University
  • Estimated store opening: 10/3/22
  • Freestanding pad to a Cinemark-anchored center
  • North Haven boasts affluent residential demographics - $110,715 average household income within a 1-mile radius of the subject property

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,519 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.17 AC
Zoning
IL80

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
415450
Land Assessment
$350,140
Improvements Assessment
$0
Total Assessment
$350,140
  • Listing ID: 25631198

  • Date on Market: 5/4/2022

  • Last Updated:

  • Address: 550 Universal Dr, North Haven, CT 06473

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