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570-572 Boston Post Rd, Milford, CT 570-572 Boston Post Rd 4,980 SF 50% Leased Retail Building Milford, CT 06460 $725,000 ($145.58/SF) 3.55% Cap Rate



EXECUTIVE SUMMARY
Welcome to 572 Boston Post Road, Milford, CT 06460, a prime commercial building that is versatile space for retail or office use. This modern and spacious building is an excellent option for businesses looking for a convenient location with high traffic visibility and easy access to major highways. The property is ideally located on the Boston Post Road, a well-known commercial hub in Milford, and boasts ample parking for customers and employees. The building has large windows that provide abundant natural light and excellent signage opportunities. Inside, the building features separated utilities, providing tenants with the flexibility to customize their space to meet their specific needs. The space has plenty of room for storage, display, or office needs. An appraisal has been conducted on the property, and the value of the building and land is available upon request. The appraisal report confirms that the property is a sound investment and a valuable asset for any business owner or investor looking to expand their commercial portfolio. The building is easily accessible from I-95 and other major highways, making it an excellent choice for businesses looking to attract a steady flow of customers.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,980 SF
Building Class
C
Year Built
1945
Price
$725,000
Price Per SF
$145.58
Cap Rate
3.55%
NOI
$25,740
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.39
Lot Size
0.29 AC
Zoning
CDD1 - Commercial Building
Parking
15 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
66’ on Boston Post Rd
AMENITIES
- Bus Line
- Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Beach Party Balloons
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Bridges
- Services
- -
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Beach Party Balloons | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Bridges | Services | - | $9.99 | Lorem Ipsum | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | MILF-000065-000921-000017 | Improvements Assessment | $181,460 |
| Land Assessment | $263,610 | Total Assessment | $445,070 |
PROPERTY TAXES
Parcel Number
MILF-000065-000921-000017
Land Assessment
$263,610
Improvements Assessment
$181,460
Total Assessment
$445,070
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570-572 Boston Post Rd, Milford, CT | 570-572 Boston Post Rd
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