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10 Hemingway Ave
East Haven, CT 06512 Outer East Haven

$13,975 USD/MO

Drugstore For Lease  •  11,180 SF

Property Details

  • Property Type Drugstore
  • Year Built 1998
  • Total Building Size 11,180 SF
  • Tenancy Single
  • Building Class C
  • Zoning CB-2
0 Transit Score
63 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 11,180 SF $15.00 USD/SF/YR
O,R&L Commercial is pleased to present an 11,240 SF Retail building with existing drive-thru (former RiteAid) available for Lease or Sale located at 10 Hemingway Drive in East Haven, CT. The property has the strategic advantage of being located at the 4-way signalized intersection of Short Beach Road (Route 142) and Coe Ave, and is in close proximity to the new proposed entrance to Tweed Airport on Proto Drive. The location boasts an average daily traffic count (ADT) currently of 21,300 vehicles per day and the new entrance to the airport will dramatically increase passenger flow by this asset.  With a drive-thru in place, this building is ideal for pharmacy, grocery, bank, medical or other various commercial uses with ample parking including 53 spaces. This property is ideal for investors seeking an opportunity to have a long-term tenant or owner occupiers building brand visibility in a rapidly evolving commercial corridor. Sale Price: $2,350,000 | Lease Rate: $15/SF NNN

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

O,R&L Commercial is pleased to present an 11,240 SF Retail building with existing drive-thru (former RiteAid) available for Lease or Sale located at 10 Hemingway Drive in East Haven, CT. The property has the strategic advantage of being located at the 4-way signalized intersection of Short Beach Road (Route 142) and Coe Ave, and is in close proximity to the new proposed entrance to Tweed Airport on Proto Drive. The location boasts an average daily traffic count (ADT) currently of 21,300 vehicles per day and the new entrance to the airport will dramatically increase passenger flow by this asset.  With a drive-thru in place, this building is ideal for pharmacy, grocery, bank, medical or other various commercial uses with ample parking including 53 spaces. This property is ideal for investors seeking an opportunity to have a long-term tenant or owner occupiers building brand visibility in a rapidly evolving commercial corridor. Sale Price: $2,350,000 | Lease Rate: $15/SF NNN

Highlights

11,240 SF Retail Building with Drive-thru
Former Rite-Aid on 1.28 Acres
53 Parking Spaces, 4.72/1,000
Located at 4-Way Intersection with Traffic Light
Current ADT: 21,300
Close Proximity to Tweed Airport's proposed new entrance for added traffic flow!

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Rite Aid

Public Transportation

Commuter RailDriveWalkDistance
Branford (Commuter Rail - Shore Line East, Shore Line East - Shore Line East) 7 min - 3.9 mi
New Haven Union Station (Hartford Line - CONN DOT) 8 min - 4.9 mi
AirportDriveWalkDistance
Tweed/New Haven 4 min - 1.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 53
Type: Surface
Included in Rent: Yes
Sam Crampton 203-343-8426 O, R & L Commercial
Sam Crampton 203-343-8426 O, R & L Commercial