Former Rite Aid Near Downtown New Haven | 645 Foxon Rd
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Former Rite Aid Near Downtown New Haven 645 Foxon Rd
14,855 SF Retail Building East Haven, CT 06513 $2,500,000 ($168/SF)
Investment Highlights
- Former Rite Aid strategically positioned at the lighted intersection of Foxon Road and Route 80, which sees over 19,000 vehicles per day.
- Surrounded by a wealth of retail including Dunkin’, CVS, ShopRite, O’Reilly Auto Parts, Domino’s Pizza, and several local businesses.
- Area demographics are strong with high household incomes over $100,000 in a 10-mile radius and a majority of owner-occupied households.
- In a dense suburban location 5-miles from Downtown New Haven with quick access to Interstates 91 and 95, which run directly through town.
- New Haven boasts an excellent consumer profile with total spending in a 10-mile radius exceeding $5.13 billion.
Executive Summary
This ±14,855 sq ft retail building is a free-standing property located on a spacious ±1.54-acre lot at 645 Foxon Road in East Haven, CT. Formerly a Rite Aid, the building offers a prime location for retail businesses, with ample space for a variety of commercial uses.
Data Room Click Here to Access
- Market Information
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
14,855 SF
Building Class
B
Year Built
2008
Price
$2,500,000
Price Per SF
$168
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.22
Land Acres
1.54 AC
Zoning
CD - Commercial retail - allows for most retail uses, some office uses and medical use with approved site plan.
Parking
59 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | EHAV-000460-005827-000006 | Improvements Assessment | $4,464,670 |
| Land Assessment | $369,950 | Total Assessment | $4,834,620 |
PROPERTY TAXES
Parcel Number
EHAV-000460-005827-000006
Land Assessment
$369,950
Improvements Assessment
$4,464,670
Total Assessment
$4,834,620
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Former Rite Aid Near Downtown New Haven | 645 Foxon Rd
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