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    1471 Whalley Ave New Haven, CT 06515

    For Lease
    Contact for pricing

    Prime Retail Space, Drive-Thru, High Visibility

    Lot size:
    13,905 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 13,905 square foot freestanding retail building presents a unique investment opportunity in New Haven County. Previously occupied by Walgreens, this single-tenant property boasts a highly visible location and a convenient drive-thru window, making it ideal for a variety of uses. The property's versatile layout is well-suited for grocery stores, retail businesses, or medical practices. A dedicated pylon sign ensures excellent brand visibility, attracting significant foot traffic and enhancing brand recognition. The building's prime location within a thriving neighborhood guarantees high customer accessibility and strong potential for business growth. A sublease opportunity is available, extending until January 31st, 2032, offering immediate occupancy and a significant head start for prospective tenants. This turnkey solution eliminates the need for extensive renovations and allows businesses to focus on operations and expansion. The property's strategic location and desirable features make it an exceptional investment prospect with significant long-term growth potential. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a rare opportunity to acquire a well-positioned, high-visibility retail space in a desirable market.

    Property Features for 1471 Whalley Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,905 SF

    Unit(s) available at that property

    Space
    Size
    13,905 SF

    HighLights

    • 13,905 SF single‑tenant retail building in New Haven County.
    • Highly visible freestanding building with drive‑thru.
    • Suitable for grocery, retail, or medical uses.
    • Features a dedicated pylon sign.
    • Sublease available until January 31, 2032.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor COVID-19 Drive-Thru Testing ... Pharmacy Forensic Accounting Corp Accountant Walgreens Drug Store FedEx OnSite Mailing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9753668
    Latitude
    41.3349173

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Drive-Thru, High Visibility
    Where is this retail property located?
    The property is located at 1471 Whalley Ave New Haven, CT.
    What are key features of this property?
    This property features: 13,905 SF single-tenant retail building in New Haven County.; Highly visible freestanding building with drive-thru.; Suitable for grocery, retail, or medical uses.
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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
    1471 Whalley Ave New Haven, CT 06515
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