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Former QSR Pad Site Retail
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160 Universal Dr N, North Haven, CT 06473

Standalone pad site retail space in a Target-anchored center, available for long-term sublease on a NNN basis.

Space Size2,978 SF
Days on Market116

Property Features for 160 Universal Dr N

General Information

Standard status Active
Size 2,978 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Highway Access Yes

Spaces For Lease

at 160 Universal Dr N
160 Universal Dr N $43.60/SF/Yr
Floor 1
Size 2,978 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease Yes
2,978 sf former QSR available for sublease through 12/31/2029 for $130,000 per year NNN. Pad site in Target anchored center located off I-91 exit 9 in North Haven, CT
Contact us
Listing Agency: The Proto Group LLC
Listed By: Steve Patten · License #REB.0756643
Source: Moodyscre
Added: Jun 12 Changed: Oct 3 Last Checked: Oct 4 at 12:21PM

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 The Proto Group LLC

Investment Insights

Based on property information with market context.

This offering is a 2,978-square-foot former QSR retail space available as a sublease through 12/31/2029. The premises are configured for quick-service use and are presented as an operating storefront/pad site option within a larger retail development, with the sublease structured on a NNN basis.

The space is located on a pad site within a Target-anchored shopping center off I-91 Exit 9 in North Haven, CT. The property address is 160 Universal Dr N, North Haven, CT 06473, providing straightforward access to the surrounding commercial corridor.

For tenants looking for a long-term, pad site retail option in a major-tenant environment, this sublease format can be a practical fit. The space’s prior quick-service configuration may support operators seeking a drive-by capable retail presence within the Target-anchored center. Availability is limited to the sublease term through 12/31/2029, and occupancy is on an NNN basis.

Key Highlights

  • 2,978 SF former QSR available for sublease through 12/31/2029
  • Sublease rate: $130,000 per year on an NNN basis
  • Pad site retail space in a Target‑anchored center

Property Analytics

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Current Use

MCN Distributors Big Box & Wholesale Store Wendy's Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Parking Lot & Garage Electrical Service HVAC Service

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

353
Businesses Nearby
169k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 75% Shops & Services 10% Dining 8% Home Improvements & Furnishings 4%
Target Superstores
126,919 visits/mo 0.5 miles
LongHorn Steakhouse Dining
14,338 visits/mo 0.3 miles
Sunoco Shops & Services
9,427 visits/mo 0.5 miles
Raymour & Flanigan Furniture Store Home Improvements & Furnishings
4,978 visits/mo 0.3 miles
P.C. Richard & Son Electronics
4,303 visits/mo 0.5 miles

Demographics for 06473, CT

24,574
Population
10,033
Households
2.4
Avg Household Size
46
Median Age
47%
College-Educated
95%
High-School Grad
21.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$127,370
Median Household Income
$65,285
Median Earnings
$1,578
Median Rent
$359,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • EQUIP-SALES.COM — 30 Bernhard Rd, North Haven, CT 06473
  • North Haven Commons — North Haven, CT 06473

Frequently Asked Questions

What type of property is this?
Shopping center - Standalone pad site retail space in a Target-anchored center, available for long-term sublease on a NNN basis.
Where is this shopping center located?
The property is located at 160 Universal Dr N North Haven, CT.
What is the lease rate?
The lease rate is $43.60 SF/Yr.
What are key features of this property?
This property features: 2,978 SF former QSR available for sublease through 12/31/2029; Sublease rate: $130,000 per year on an NNN basis; Pad site retail space in a Target‑anchored center
(203) 530-3925 Call to check price and availability
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