Your email has been sent.
Johnson Simons Retail Condo 89 Church St 5,700 SF 93% Leased Office Building New Haven, CT 06510 $2,150,000 ($377.19/SF) 6.50% Cap Rate
Investment Highlights
- High walking traffic near Yale University
- Prime location entering downtown
- Regional and national branded tenants
- Strong Downtown New Haven retail corridor
Executive Summary
Dunkin’ has operated at this prominent corner location for nearly 20 years, while Total Wireless opened last year and has approximately nine years remaining on its lease with a regional operator controlling 50+ locations. A new lease has recently been executed with Moka & Co., a growing U.S. café concept specializing in authentic Yemeni coffee and tea with 20+ locations, currently completing renovations.
The property also includes a leased Patriot Bank ATM space, which may provide future flexibility to expand a small retail unit to approximately 700 SF through reconfiguration.
Positioned beneath residential condominiums in the heart of downtown, the property benefits from strong pedestrian traffic and proximity to Yale University, major employment centers, and surrounding retail and dining.
Property Facts
Amenities
- 24 Hour Access
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
- -
- -
Dunkin, formerly known as Dunkin’ Donuts, is a global quick-service restaurant brand headquartered in Canton, Massachusetts. Founded in 1950 by William Rosenberg in Quincy, Massachusetts, Dunkin specializes in coffee, baked goods, and breakfast sandwiches. The company operates under a 100% franchise model and is part of Inspire Brands, a privately held restaurant group. Dunkin has grown into one of the largest coffee and baked goods chains worldwide, serving millions of customers daily. Its menu includes hot and iced coffee, espresso beverages, donuts, bagels, and other breakfast items. Dunkin rebranded in 2019 to emphasize its beverage-led strategy while maintaining its iconic donut offerings. Today, the brand operates over 12,000 locations in more than 40 countries, including approximately 9,800 stores in the United States.
- Moka & Co
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Patriot Bank
- Finance and Insurance
-
99,999 SF
- -
- -
- -
- Total Wireless
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | - | - | |
| Moka & Co | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - | |
| Patriot Bank | Finance and Insurance | 99,999 SF | - | - | - | |
| Total Wireless | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Opportunity to lease a 700 square foot retail box located on Center Street next to Dunkin Donuts. Space can accommodate a variety of uses. Landlord can deliver a vanilla box with a new storefront and bathroom. No kitchen capabilities. City of New Haven does not allow any tobacco sales at this address.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 700 SF | Retail | - | Now |
1st Floor
| Size |
| 700 SF |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 700 SF |
| Space Use | Retail |
| Condition | - |
| Available | Now |
Opportunity to lease a 700 square foot retail box located on Center Street next to Dunkin Donuts. Space can accommodate a variety of uses. Landlord can deliver a vanilla box with a new storefront and bathroom. No kitchen capabilities. City of New Haven does not allow any tobacco sales at this address.
Property Taxes
| Parcel Number | NHVN-000240-000235-000203 | Improvements Assessment | $311,920 |
| Land Assessment | $0 | Total Assessment | $311,920 |
Property Taxes
Presented by
Johnson Simons Retail Condo | 89 Church St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.