1457 Meriden Rd, Wolcott, CT 06716
1990-built strip mall featuring eight long-tenanted storefront units in a heavy-traffic Wolcott corridor.
- Added:
- Jun 11, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 13 at 4:38 am
Property Features for 1457 Meriden Rd
General Information
- Standard status
- Active
- Size
- 13,878 SF
- Lot size
- 5.19 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1990
Listing agent Young Lee
Listing office Houlihan Lawrence WD (203) 758-0264
Listing date Jun 11, 2026
Source Davejonesrealty
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 Houlihan Lawrence WD
HighLights
- 8, retail store spaces in a 1990‑built strip mall on a 5.19‑acre site
- 13,878 SF total building size
- Long‑time tenants with an average 16 years tenancy
- Reduced sale price listed at $1.98M
- Property described as located on a heavy‑traffic Wolcott corridor
Overview
Located at 1457 Meriden Rd in Wolcott, Connecticut, the property is marketed as being positioned in a heavy-traffic area. As presented, the center’s access and frontage are intended to serve a continuing stream of local retail customers along the Meriden Rd corridor.
For tenants, this layout can support a range of neighborhood retail uses that benefit from stable, established shopping traffic within a multi-tenant environment. For buyers and investors, the current structure provides a diversified retail mix across eight separate store spaces, along with an ownership opportunity at a reduced sale price as stated in the listing remarks.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $183.2k | $13.20 |
| − Vacancy | −$15.6k | −$1.12 |
| EGI | $167.6k | $12.08 |
| − OpEx | −$50.3k | −$3.62 |
| NOI | $117.3k | $8.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wolcott
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.966437
- Latitude
- 41.55418
