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Shopping Center with Dining Tenants
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1094 N Colony Rd, Wallingford, CT 06492

Large home-improvement anchor complements multiple fast-casual restaurant occupants and an on-site Chick-fil-A presence.

Property SizeContact for details
Days on Market143

Property Features for 1094 N Colony Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Anchor Co-Tenants Lowe's Home Improvement, Panera, Chipotle, Smashburger, Plaza Azteca

Building Details

Tenancy Multi
Listing Agency: CBRE - Boston
Listed By: Nat Heald · License #MA 9088276-RE-S
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Boston

Investment Insights

Based on property information with market context.

Located at 1094 N Colony Rd in Wallingford, Connecticut, this shopping center is anchored by a 160,000-square-foot Lowe’s Home Improvement store. The anchor has 12 years remaining on its base lease term, providing a defined period of contractual occupancy.

The property also includes fast-casual restaurant occupants Panera, Chipotle, Smashburger, and Plaza Azteca. An unowned Chick-fil-A at the site contributes additional traffic. The combination of a substantial home-improvement anchor and multiple restaurant users creates a diversified retail and dining configuration.

Key Highlights

  • 160,000‑square‑foot Lowe’s Home Improvement anchor
  • 12 years remaining on the Lowe’s base lease term
  • Fast‑casual occupants include Panera, Chipotle, Smashburger, and Plaza Azteca

Property Analytics

Current Use

Panera Bread Take-out & Catering Installation Services General Contractor Primo Water Exchange Big Box & Wholesale Store Lowe's Garden Center Garden Center Lowe's ProServices Building Supply

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Barber Shop Electrical Service Kitchen & Bath Showroom Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
427k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Home Improvements & Furnishings 22% Shops & Services 20% Superstores 15%
BJ's Wholesale Club Superstores
61,896 visits/mo 0.2 miles
Chick-fil-A Dining
46,214 visits/mo 0.1 miles
BJ's Gas Shops & Services
39,412 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
36,317 visits/mo 0.3 miles
Dollar Tree Shops & Services
32,272 visits/mo 0.4 miles

Demographics for 06492, CT

44,606
Population
19,603
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
1,121
Density / Sq Mi
$101,757
Median Household Income
$57,977
Median Earnings
$1,346
Median Rent
$328,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Wallingford Plaza 970 N Colony Rd, Wallingford, CT 06492
  • Yale Plaza 950 Yale Ave, Wallingford, CT 06492
  • Meetinghouse Brook 1086 N Colony Rd, Wallingford, CT 06492
  • Staples Plaza 1145 N Colony Rd, Wallingford, CT 06492
  • Kohl's Plaza S Broad St, Wallingford, CT 06492

Frequently Asked Questions

What type of property is this?
Shopping center - Large home-improvement anchor complements multiple fast-casual restaurant occupants and an on-site Chick-fil-A presence.
Where is this shopping center located?
The property is located at 1094 N Colony Rd Wallingford, CT.
What are key features of this property?
This property features: 160,000‑square‑foot Lowe’s Home Improvement anchor; 12 years remaining on the Lowe’s base lease term; Fast‑casual occupants include Panera, Chipotle, Smashburger, and Plaza Azteca
(617) 953-0152 Call to check price and availability
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