This Property is no longer advertised on Showcase.com.
Off Market
1/5

589 Bridgeport Ave
Milford, CT 06460


HIGHLIGHTS

  • Tenant roster includes K-Mart, Walgreens, Ocean State Job Lot, Dollar Tree, and Taco Bell
  • Well located neighborhood shopping center with excellent access on Route 1 near Interstate 95
  • Tremendous upside potential for experienced value add investor
  • 18,300 traffic count at subject property and 55,885 population within three (3) miles

OVERVIEW

Colliers International | Hartford Investment Sales Team is pleased to exclusively offer the opportunity to acquire the leasehold interest in 589 Bridgeport Avenue in Milford CT, also known as Liberty Rock Shopping Center. The property is a 175,877 square foot multi-tenant neighborhood shopping center well located on Route 1 in Milford, Connecticut. The plaza serves as a daily destination shopping center for the Milford submarket with well-known national and regional tenants. K-Mart anchors the in-line shopping center space, along with tenants such as Ocean State Job Lot and Dollar Tree. Outparcels to the shopping center include a freestanding Walgreens and Taco Bell restaurant, as well as a small strip building on Route 1. The shopping center sits on 17.91 acres and is subject to a ground lease that expires in 2024 with four (4) ten (10) year options. Call for offers scheduled for June 5. Offering package available here: https://www.crexi.com/properties/109779

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Drug Store, Department Store

TOTAL BUILDING SIZE

145758

STORIES

1

YEAR BUILT

1980

SPRINKLERS

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PARKING SPACES

309

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

MILF-000025-000207-000050A