9-15 Foxon Boulevard

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30553576
Property Subtypes: Street Retail
Status: Pending/Contingent
Building Size (RSF): 7,845 SF
Gross Building Area: See Agent
Sale Price: $775,000
Unit Price: $98.79 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/2/2020

Overview / Comments

Retail center fronting on Route 80 at corner of Foxon Blvd. Space of 1,154 SF, available for lease for $11.00 PSF NNN. Pending LOI for the vacancy puts the NOI at $66,321 for 2020.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $21,797 (Annual)
Potential Rental Income $103,618 (Annual)
Net Operating Income $66,321 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Tax ID/APN: 450-5720-011
Zoning: CB-2
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Foxon Road
Traffic/Vehicle Count: 25,700
Highway Access: 1 mile east of I-91 Exit 8
Tenancy: Multiple Tenants
Property Condition: Good
Roof Type: Flat
Total Parking Spaces: 25
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,291 93,356 255,714
Median Age: 40.61 37.01 37.01
Households: 6,521 38,024 101,558

Contact

Photograph of Listing Agent

Steve Patten

The Proto Group, LLC.
CTCList Member
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