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Freestanding Dollar General Retail
For Sale
Contact for pricing
Pending

197 East High Street, East Hampton, CT 06423

New construction Dollar General on a corner lot at East High Street and Lake Drive.

Property Size7,500 SF
Lot Size1.38 Acres
Days on Market134

Property Features for 197 East High Street

General Information

Standard status Pending
Size 7,500 SF
Lot size 1.38 Acres
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Construction New England style
Tenancy Single
Listing Agency: HMX Realty Advisors
Listed By: Dan de Sa · License #NY 40DE0945716
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 22 at 10:52AM

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 HMX Realty Advisors

Investment Insights

Based on property information with market context.

A brand new freestanding Dollar General is under construction in an upgraded “New England” style. The development will include a retail building of 7,500+/- square feet on 1.38 acres of land, with rent expected to commence in December 2018.

The property is located at the corner intersection of East High Street, Lake Drive, and Bear Swamp Road. East High Street is described as a main retail artery with nearby businesses including Stop & Shop, CVS, McDonald’s, Dunkin’ Donuts, and Bank of America, along with residential neighborhoods in the immediate area.

This offering is positioned as a modern, purpose-built retail asset at a prominent intersection within the East Hampton market.

Key Highlights

  • New construction Dollar General in East Hampton, CT with rent expected to commence in December 2018
  • Planned 7,500+/- SF building on 1.38 acres of land
  • Corner location at the intersection of East High St, Lake Drive, and Bear Swamp Rd

Property Analytics

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Auto Repair Shop Spa & Massage 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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,035 visits/mo 0.0 miles

Demographics for 06423, CT

4,821
Population
2,304
Households
2.1
Avg Household Size
49
Median Age
44%
College-Educated
99%
High-School Grad
36.6 sq mi
ZIP Area
132
Density / Sq Mi
$106,217
Median Household Income
$49,619
Median Earnings
$1,611
Median Rent
$374,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - New construction Dollar General on a corner lot at East High Street and Lake Drive.
Where is this grocery and convenience store located?
The property is located at 197 East High Street East Hampton, CT.
What are key features of this property?
This property features: New construction Dollar General in East Hampton, CT with rent expected to commence in December 2018; Planned 7,500+/- SF building on 1.38 acres of land; Corner location at the intersection of East High St, Lake Drive, and Bear Swamp Rd
(212) 686-0072 Call to check price and availability
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