617-239-3610
470 Lewis Ave, Meriden, CT for Sale
Auto Repair - FOR SALE
1/3
null | Request Cap Rate

470 Lewis Ave
Meriden, CT 06451
Meriden/Wallingford


OVERVIEW

Atlantic Capital Partners has been exclusively engaged to market for sale At Meriden Mall, a former Sears anchor box to the Meriden Mall in Meriden, Connecticut. Situated at the geographic center of Connecticut, midway between Hartford and New Haven, the asset offers a re-lease or redevelopment opportunity within a regionally significant retail node. The property is part of a 900,000 square foot super-regional mall that draws from a dense mid-state trade area with a local population of 59,839 residents within three miles and 103,071 within five miles, with average household incomes of $93,887 and $114,441, respectively. Totaling approximately 121,141 square feet, the former Sears anchor box and auto center are presently unencumbered by any tenant leases, affording immediate redevelopment potential. This 7.74-acre site sits attached to the Meriden Mall with direct access via I-691 and US Route 5, at the crossroads of two major Connecticut corridors. The property is being offered for sale without a formal asking price, free-and-clear of existing debt.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

830

LAND DETAILS

LAND ACRES

7.74 AC

LAND SF

337,154 SF

ZONING

C-2

APN/PARCEL ID

MERI-000523-000155A-000084D

ASK ABOUT THIS PROPERTY

Justin SmithAtlantic Capital PartnersMore Info
617-239-3610

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Justin SmithAtlantic Capital PartnersMore Info
617-239-3610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.