501 Evergreen Way South Windsor, CT 06074

This premium retail destination, located in South Windsor, Connecticut, offers a differentiated shopping experience. Anchored by dominant tenants across multiple retail verticals, it drives daily needs, special event repeat shopping, and dining visits throughout the year. The property has significant value-add potential, with an occupancy rate of 88.75% and upwards of 40,000 square feet of leasing upside. Additionally, 30% of the current rent roll is comprised of significantly below-market rents. The property has a compelling CAGR of more than 9.8% over 5 years. It is located at the confluence of Interstate-84 (175,000 VPD), Interstate-291 (45,000 VPD), and Interstate-384 (60,000 VPD) just east of Hartford. This location draws shoppers from a super-regional trade area that includes both the density and affluence of central Connecticut. The property is the #1 most visited lifestyle center in CT with total shopper visit count up 40% over past two years. Best-in-Class Shadow Anchors attract millions of shopper visits to the immediate area each year, including Costco, Home Depot, Lowe’s, Target, BJ’s Wholesale, Trader Joe’s, and Total Wine. The property encompasses 357,335 square feet.