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Newly Built Retail Shopping Center
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143 Purdy Hill Rd, Monroe, CT 06468

Newly constructed retail building on a signalized intersection with over 26,000 cars per day.

Property Size5,300 SF
Price / SF$924.53
Days on Market473

Property Features for 143 Purdy Hill Rd

General Information

Standard status Active
Size 5,300 SF
Property subtype RETAIL

Site & Location

Traffic Count 26,000 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: HMX Realty Advisors - Corporate
Listed By: Robert James · License #10311201830
Source: Moodyscre
Added: Jun 12, 2025 Changed: Sep 13 Last Checked: Sep 26 at 11:00AM

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 - Corporate

Investment Insights

Based on property information with market context.

This newly constructed retail shopping center in Fairfield County, Connecticut offers a modern building positioned for day-to-day visibility and foot traffic. The property is currently configured with three tenants, and each tenant has rental increases in place.

Located at a signalized intersection on a very busy road with over 26,000 cars per day, the center sits within a strong retail corridor that includes Stop & Shop, Big Y, McDonald’s, and Panera among other retailers. The remarks also note that the location provides a short drive to Bridgeport, the most populated city in Connecticut. Average household income within a 3-mile radius exceeds $165,000.

Rental increases for all three tenants are highlighted in the offering materials as a hedge against inflation and rising interest rates.

Key Highlights

  • Newly constructed retail building at a signalized intersection on a very busy road with 26,000+ cars per day
  • Located in Fairfield County, CT, on a strong retail corridor with tenants including Stop & Shop, Big Y, McDonald’s, and Panera
  • All 3 tenants have rental increases, helping provide a hedge against inflation and rising interest rates

Property Analytics

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Current Use

Jersey Mike's Subs Take-out & Catering Chipotle Mexican Grill Restaurant Wayback Burgers Restaurant

Suggested Use

Top Pick HVAC Service Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Hair Salon

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

26,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby
78k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 84% Apparel 12% Shops & Services 4%
McDonald's Dining
27,554 visits/mo 0.5 miles
Panera Bread Dining
13,595 visits/mo 0.4 miles
Goodwill Apparel
9,622 visits/mo 0.3 miles
Jersey Mike's Subs Dining
7,667 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
7,215 visits/mo 0.2 miles

Demographics for 06468, CT

18,825
Population
6,573
Households
2.9
Avg Household Size
44
Median Age
58%
College-Educated
97%
High-School Grad
26.1 sq mi
ZIP Area
721
Density / Sq Mi
$156,731
Median Household Income
$71,530
Median Earnings
$1,466
Median Rent
$477,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Monroe Plaza Shopping Center — 470 Monroe Turnpike, Monroe, CT 06468
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Frequently Asked Questions

What type of property is this?
Shopping center - Newly constructed retail building on a signalized intersection with over 26,000 cars per day.
Where is this shopping center located?
The property is located at 143 Purdy Hill Rd Monroe, CT.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Newly constructed retail building at a signalized intersection on a very busy road with 26,000+ cars per day; Located in Fairfield County, CT, on a strong retail corridor with tenants including Stop & Shop, Big Y, McDonald’s, and Panera; All 3 tenants have rental increases, helping provide a hedge against inflation and rising interest rates
(212) 686-0072 Call to check price and availability
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