200 Hale Rd Manchester, CT 06042
Property Features for 200 Hale Rd
General Information
- Size
- 93,251 SF
- Lot size
- 15.74 Acres
Source:
Moodyscre
Listing Agent: Glen Kunofsky
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Investment Opportunity
This property features long-term NNN leases, with over 7.5 years remaining on the Urban Air lease and a full 10-year term on the Ashley lease. The Ashley franchisee is experienced and growing, with three locations in Connecticut. The Urban Air lease includes a corporate guarantee for the first 5 years. As NNN investments, tenants reimburse the landlord for all expenses. Ashley is ranked in the 83rd percentile in Connecticut. The Ashley lease was recently extended to a full 10-year term, demonstrating a strong commitment to the site. The property is located at 200 Hale Rd, Manchester, CT and has a property size of 93251 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Ashley Store
Furniture Store
Similar Places Nearby
The Shoppes at Buckland Hills, Buckland hills shopping mall, Hale Road Plaza, Sunglass Hut at Macy's, The Manchester Collection
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.5320923
- Latitude
- 41.8085467
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - NNN Leases with Long Term Tenants.
Where is this shopping center located?
The property is located at 200 Hale Rd Manchester, CT.
What is the asking price?
The asking price for this property is $10,900,000.
What are key features of this property?
This property features: - Long Term NNN Leases | **7.50+ Years Remaining on Urban Air, Full 10-Year Term on Ashley**; - NNN Investments | Tenants Reimburse Landlord for All Expenses; - Recently Extended Lease to Full 10-Year Term | **Strong Commitment to Site**