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    533 Broad St Meriden, CT 06450

    Sponsored
    For Lease
    Contact for pricing

    Meriden, CT storefront space for lease.

    Lot size:
    35,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Townline Plaza, located at 533 S Broad St in Meriden, CT (06450), offers exceptional retail space for lease within a thriving shopping center. This multi-tenant property boasts a total of 35,000 square feet, currently featuring three suites. A significant opportunity exists with 18,047 square feet of vacant space available, divisible into units ranging from a minimum of 1,748 square feet to a maximum contiguous space of 9,000 square feet. The property is situated in New Haven County and benefits from its strategic location within a dominant shopping center anchored by major retailers including Burlington, Big Y, Edge Fitness, and Old Navy, ensuring high foot traffic and visibility. This prime location presents a unique chance to establish or expand a retail business within a well-established and successful commercial environment. The address is easily accessible and benefits from strong local demographics. Interested parties are encouraged to inquire about lease terms and available space configurations. This is a remarkable opportunity to become part of a vibrant and successful retail center.

    Property Features for 533 Broad St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,000 SF

    Unit(s) available at that property

    Space
    Available Space 4
    Size
    24,750 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Asian Buffet Asian Restaurant Jersey Mike's Subs Caterer New England Dental ... Dentist The Edge Fitness Clubs Gym Barnes & Noble Hobby Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8079267
    Latitude
    41.5085468

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    FAQs

    What type of property is this?
    Retail property - Meriden, CT storefront space for lease.
    Where is this retail property located?
    The property is located at 533 Broad St Meriden, CT.
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    533 Broad St 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
    533 Broad St Meriden, CT 06450
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