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582 Boston Post Rd 4,700 SF 100% Leased Retail Building Milford, CT 06460 $769,000 ($163.62/SF) 6.80% Cap Rate
Investment Highlights
- Located on high-traffic corridor on Boston Post Road
- Surrounded by major retailers, banks, and Connecticut Post Mall
Executive Summary
3 buildings, 1 lot.
Investment property on Rt.1.
High traffic count.
Direct access to I-95 and Merritt Parkway.
Ample parking.
Pre-qualification or Proof of funds required.
Investment property on Rt.1.
High traffic count.
Direct access to I-95 and Merritt Parkway.
Ample parking.
Pre-qualification or Proof of funds required.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,700 SF
Building Class
C
Year Built
1940
Price
$769,000
Price Per SF
$163.62
Cap Rate
6.80%
NOI
$52,292
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.37 AC
Zoning
CA
Parking
7 Spaces (1.52 Spaces per 1,000 SF Leased)
Frontage
84’ on Boston Post Rd
Amenities
- Corner Lot
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,700 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,700 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,700 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | MILF-000065-000921-000018 | Improvements Assessment | $137,970 |
| Land Assessment | $284,380 | Total Assessment | $422,350 |
Property Taxes
Parcel Number
MILF-000065-000921-000018
Land Assessment
$284,380
Improvements Assessment
$137,970
Total Assessment
$422,350
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582 Boston Post Rd
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