Listing Agency: Mason Asset Management - Corporate t*@truecre.com Show Phone

Listed By: Igal Nassim · License #RES.0787447 Show Phone

Source: Moodyscre

Added: Feb 7, 2023 Changed: Jul 29 Last Checked: Jul 30 at 11:54AM

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Investment Insights

Based on property information with market context.

This retail space offers 10,004 SF of commercial area and is positioned just off I-1691. It is directly across from MidState Medical Center, supporting day-to-day customer access for nearby foot traffic.

The property is located in New Haven County and sits close to I-91 for convenient regional connectivity between Hartford and New Haven.

For tenants seeking a straightforward retail footprint in a medically oriented area with interstate access, this location provides a practical, well-connected setting.

Key Highlights

• 10,004 SF retail space
• Across from MidState Medical Center
• Just off I‑1691

Property Analytics

Current Use

T.J. Maxx Department Store FYE Electronics & Wireless Store Michaels Jewelers (Bike/Boat/Book/etc) Store Kay Jewelers (Bike/Boat/Book/etc) Store Meriden Family Dental Dental Office

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Skin Care Clinic HVAC Service Garden 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

Yes

Highway access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

745

Businesses Nearby

161k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 45% Apparel 30% Groceries 15% Shops & Services 10%

Target Superstores

72,144 visits/mo 0.4 miles

Boscov's Apparel

46,911 visits/mo 0.1 miles

Aldi Groceries

23,373 visits/mo 0.1 miles

Dollar Tree Shops & Services

15,833 visits/mo 0.1 miles

Men's Wearhouse Apparel

2,179 visits/mo 0.2 miles

Demographics for 06451, CT

24,894

Population

11,004

Households

2.3

Avg Household Size

38

Median Age

21%

College-Educated

85%

High-School Grad

9.8 sq mi

ZIP Area

2,540

Density / Sq Mi

$68,081

Median Household Income

$44,681

Median Earnings

$1,207

Median Rent

$223,400

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space near MidState Medical Center with close access to I-91 and I-1691.

Where is this retail space located?

The property is located at 470 Lewis Ave Meriden, CT.

What are key features of this property?

This property features: 10,004 SF retail space; Across from MidState Medical Center; Just off I‑1691