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    495 Chamberlain Hwy Rt 71 Meriden, CT 06450

    Sponsored
    For Lease
    Contact for pricing

    Meriden, CT: Prime Retail Opportunity

    Lot size:
    54,249 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Chamberlain Plaza, located at 495 Chamberlain Highway (Rt 71) in Meriden, Connecticut, presents a compelling retail investment opportunity. This multi-tenant commercial property boasts a total of 54,249 square feet, offering flexible space options ideal for a variety of businesses. Currently, there are 15,498 square feet of vacant space available, divisible into units ranging from a minimum of 5,142 square feet to a maximum contiguous space of 10,356 square feet. The property's strategic location in New Haven County, with easy access via Route 71, ensures high visibility and convenient access for customers. This prime retail space is perfect for businesses seeking a well-established location with ample room for growth and expansion. The property's size and layout provide significant flexibility for tenants seeking to customize their space to meet their specific operational needs. The address is 495 Chamberlain Highway (Rt 71), Meriden, CT 06450. This is a rare opportunity to secure a prominent retail presence in a thriving Connecticut market. Contact us today to learn more about leasing options and explore the possibilities for your business at Chamberlain Plaza.

    Property Features for 495 Chamberlain Hwy Rt 71

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,249 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,142 SF
    Space
    Available Space 2
    Size
    10,356 SF

    HighLights

    • Strong co‑tenancy with Dollar Tree, Aldi, and Men's Wearhouse.
    • High visibility and convenient access.
    • Excellent location, minutes from I‑691 (73,200 VPD).
    • Pylon signage opportunity; across from Target.
    • Adjacent to Meriden Mall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Men's Wearhouse Shoe Store Amazon Locker - Calice Shipping And Mailing Service Testosterone Replacement Therapy ... Health Counselor Dollar Tree Dollar Store ALDI Supermarket

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.7688226
    Latitude
    41.5254822

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    FAQs

    What type of property is this?
    Retail property - Meriden, CT: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 495 Chamberlain Hwy Rt 71 Meriden, CT.
    What are key features of this property?
    This property features: Strong co-tenancy with Dollar Tree, Aldi, and Men's Wearhouse.; High visibility and convenient access.; Excellent location, minutes from I-691 (73,200 VPD).
    Request Owner's contact information
    495 Chamberlain Hwy Rt 71 Meriden, CT 06450
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    Meriden, CT 06450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    495 Chamberlain Hwy Rt 71 Meriden, CT 06450
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