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846 N Colony Rd Wallingford, CT 06492

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For Sale
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ShopRite supermarket with excellent location and strong demographics.

Property size:
115,000 SF
Lot size:
33.68 Acres

Property Features for 846 N Colony Rd

General Information

Size
115,000 SF
Lot size
33.68 Acres

Source: CBRE | Boston Agent Nat Heald

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

High-Volume ShopRite Supermarket For Sale

This property features a high-volume ShopRite Supermarket, identified as one of the strongest grocers in the market. The location offers excellent local and regional access along Route 5, situated immediately off Route 15, a heavily traveled North-South connector highway between Hartford and New Haven, and in close proximity to Interstate-91. The surrounding area benefits from institutional quality demographics within one of greater New Haven’s densely populated suburbs, with 108,000 residents living within a 5-mile radius and an average household income of $107,000. The property ensures durable income with an exceptionally long weighted average lease term (WALT) and excellent tenant longevity. It features extended frontage on Route 5 (North Colony Road), served by a signalized entrance with a pylon that was replaced and upgraded in 2023. ShopRite occupies the property under an absolute net lease, backed by parent company Wakefern Food Corp. and former tenant, Shaw's Supermarkets, as well as Shaw's Supermarkets' parent company, J. Sainsbury, through the primary term and options. The property size is 115000 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Redbox Movie Rental Kiosk higi Health Consultant ShopRite of Wallingford Grocery Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Bocca Latin Fusion, Price Chopper

Location Insight

  • Map
  • Local Demand
City
Wallingford
County
New Haven
State
Connecticut
Longitude
-72.809294
Latitude
41.4792023

FAQs

What type of property is this?
Grocery and convenience store - ShopRite supermarket with excellent location and strong demographics.
Where is this grocery and convenience store located?
The property is located at 846 N Colony Rd Wallingford, CT.
What are key features of this property?
This property features: - High-volume ShopRite supermarket, a strong grocer.; - Excellent location off Route 15, a major connector and near Interstate-91.; - Absolute net lease backed by Wakefern Food Corp., Shaw's Supermarkets, and J. Sainsbury.
More about this property
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