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35 Whalley Ave
New Haven, CT 06511
35 Whalley Avenue · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,718 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
1.71
Lot Size
0.12 AC
Zoning
BB
Parking
25 Spaces (2.86 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
About 35 WHALLEY AVE , NEW HAVEN, CT 06511
Investment Highlights 20 Years remaining on lease absolute triple-net (NNN) ground lease. Very attractive 10% rental increases every 5 years. Popeyes has become one of the world’s largest chicken quick service restaurants, with over 2,700 restaurants in the United States and around the world. In 2017, Restaurant Brands International Inc. acquired Popeye’s for $1.8 billion. The restaurant is conveniently positioned near the heart of downtown New Haven, a short walk from Yale College with over 18,000 Students & Faculty members. Major national tenants nearby including Apple, Lululemon, Patagonia, Blue Mercury, Wendy’s, Family Dollar.
Property Taxes
| Parcel Number | NHVN-000296-000302-001100 | Improvements Assessment | $482,300 |
| Land Assessment | $450,520 | Total Assessment | $932,820 |
Property Taxes
Parcel Number
NHVN-000296-000302-001100
Land Assessment
$450,520
Improvements Assessment
$482,300
Total Assessment
$932,820
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