Walmart Shadow-Anchored Shopping
For Sale
Contact for pricing
430 Buckland Hills Dr, Manchester, CT 06042
Walmart shadow-anchored retail shopping center offered for sale, currently 100% leased to long-term tenants.
Property Size67,706 SF
Days on Market119
Property Features for 430 Buckland Hills Dr
General Information
Standard status
Active
Size
67,706 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
120,600 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Atlantic Capital Partners
Listed By:
Chris Peterson · License #9533428
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 12:29PM
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 Atlantic Capital Partners
Investment Insights
Based on property information with market context.
Crossroads III is a Walmart shadow-anchored shopping center totaling 67,706 SF and part of the Manchester Collection Shopping Center. The property is presently 100% leased to two long-term retail tenants and one specialty lease, with 7.7 years remaining on a weighted average lease term. The asset includes a recently executed 10-year extension with Savers at $14.00 PSF NNN.
Crossroads III is located along Interstate 84, an east-west corridor through Connecticut, and is described as having 120,600 vehicles per day. The property is approximately 11 miles east of the state capital of Hartford, and the surrounding area is described as drawing from an affluent base of 130,726 people with an AHHI over $111,870 within a 5-mile radius.
The center includes a 24,812 SF space that was previously leased to Ashley’s Furniture and is currently leased to a U.S. Furniture specialty tenant at $4.11 PSF. This specialty lease is set to expire in January 2025 and also may be terminated by the landlord within 120 days of notice. Crossroads III is being offered for sale without a formal asking price and is free-and-clear of existing debt.
Crossroads III is located along Interstate 84, an east-west corridor through Connecticut, and is described as having 120,600 vehicles per day. The property is approximately 11 miles east of the state capital of Hartford, and the surrounding area is described as drawing from an affluent base of 130,726 people with an AHHI over $111,870 within a 5-mile radius.
The center includes a 24,812 SF space that was previously leased to Ashley’s Furniture and is currently leased to a U.S. Furniture specialty tenant at $4.11 PSF. This specialty lease is set to expire in January 2025 and also may be terminated by the landlord within 120 days of notice. Crossroads III is being offered for sale without a formal asking price and is free-and-clear of existing debt.
Key Highlights
- 67,706 SF Walmart shadow‑anchored shopping center in Manchester, CT
- Currently 100% leased to two long‑term retail tenants plus one specialty lease
- 7.7 years weighted average lease term remaining; 63% leased excluding the specialty lease
Property Analytics
Current Use
Lease Details
120,600 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
86k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Apparel 41%
Hotels & Casinos 5%
Home Improvements & Furnishings 3%
JCPenney
Apparel
26,319 visits/mo
0.2 miles
LongHorn Steakhouse
Dining
14,977 visits/mo
0.1 miles
BJ's Restaurant and Brewhouse
Dining
13,768 visits/mo
0.1 miles
Red Robin Gourmet Burgers
Dining
13,526 visits/mo
0.1 miles
Bob's Stores
Apparel
8,693 visits/mo
0.4 miles
Demographics for 06042, CT
24,044
Population
10,915
Households
2.2
Avg Household Size
37
Median Age
45%
College-Educated
95%
High-School Grad
10.5 sq mi
ZIP Area
2,290
Density / Sq Mi
$89,132
Median Household Income
$57,794
Median Earnings
$1,724
Median Rent
$219,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- The Shoppes at Buckland Hills — 194 Buckland Hills Dr, Manchester, CT 06042
- Plaza at Burr Corners — 1131 Tolland Turnpike Ste O, Manchester, CT 06042
- Buckland hills shopping mall — 194 Buckland Hills Dr, Manchester, CT 06042
- Sunglass Hut at Macy's — 183 Pavilions Dr, Manchester, CT 06042
- Buckland Plaza — 1010 Tolland Turnpike, Manchester, CT 06042
Frequently Asked Questions
What type of property is this?
Shopping center - Walmart shadow-anchored retail shopping center offered for sale, currently 100% leased to long-term tenants.
Where is this shopping center located?
The property is located at 430 Buckland Hills Dr Manchester, CT.
What are key features of this property?
This property features: 67,706 SF Walmart shadow‑anchored shopping center in Manchester, CT; Currently 100% leased to two long‑term retail tenants plus one specialty lease; 7.7 years weighted average lease term remaining; 63% leased excluding the specialty lease
