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408-420 Forest Rd

3,677 SF of Retail Space Available in West Haven, CT 06516

Highlights

  • Frontage 325’ on Forest Rd (with 2 curb cuts)
  • 20 Surface spaces ; Ratio of 6.21/1000
  • Daily traffic counts of 15,033 with easy access to Route 1 & 34
  • Also Available for ground lease 1.6 acre lot
  • New center signage coming soon
  • Located within a federal qualified opportunity zone

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,677 SF
  • Negotiable
  • $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $7,354 /MO $88,248 /YR
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Building needs renovations.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space In Need of Renovation
Space Size Term Rental Rate Rent Type
1st Floor 3,677 SF Negotiable $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $7,354 /MO $88,248 /YR Modified Gross

1st Floor

Size
3,677 SF
Term
Negotiable
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $7,354 /MO $88,248 /YR
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Building needs renovations.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space In Need of Renovation

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 408-420 Forest Rd , West Haven, CT 06516

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 3,677 SF
Year Built/Renovated 1979/2024
Parking Ratio 5.44/1,000 SF

About the Property

EAC Properties is proud to present 408 Forest Road, West Haven, CT. This extremely well-located property is available for lease or ground lease. Open your business in the existing building, or build to suit. Surrounded by retail/commercial employee daytime traffic. Major tenants like George Hart Nissan, Sixt, & Dunkin Donuts nearby. West Haven’s demographic and economic indicators present a dynamic commercial trade area with significant potential for growth and development. The youthful median age combined with stable income levels and housing market suggest opportunities for diverse commercial ventures catering to both homeowners and renters. This is a great opportunity for potential retail use, mixed use, housing. Major developments i.e. University of New Haven within 1 mile. By right, new building can be 60% of the lot, and up to 2.6 stories mixed use with first floor being used as retail or office and the upper floors as residential.

  • 24 Hour Access
  • Pylon Sign

Attachments

Brochure
  • Listing ID: 31679500

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 408-420 Forest Rd, West Haven, CT 06516

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