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Shopping Center with Major Tenants
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970 N Colony Rd, Wallingford, CT 06492

Wallingford Plaza offers shopping center retail space with Big Lots and Holiday Cinemas, plus parking for up to 922 cars.

Property Size8,300 SF
Days on Market484

Property Features for 970 N Colony Rd

General Information

Standard status Active
Size 8,300 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Philips International - Corporate
Listed By: Andrew Aberham
Source: Moodyscre
Added: Apr 5, 2025 Changed: Jul 30 Last Checked: Jul 31 at 1:42PM

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 Philips International - Corporate

Investment Insights

Based on property information with market context.

Wallingford Plaza is a shopping center offering 8,300 SF of retail space. The center features community shopping center parking for 180 cars and total parking availability for 922 cars.

The property is located at the busy intersections of Route 5 (North Colony Road), Conn. Route 15 (Wilbur Cross Parkway), and Conn. Route 68. It sits just south of Route 15, a major north/south New York–Hartford connector to I-84 and I-91 (New Haven County). The center is surrounded by residential areas in a stable suburban community.

Major tenants include Big Lots and Holiday Cinemas, contributing to an established retail mix within the Wallingford area.

Key Highlights

  • 8,300 SF shopping center retail space
  • Parking for 922 cars
  • Community shopping center parking for 180 cars

Property Analytics

Current Use

Oriental Express Restaurant Nardelli's Grinder Shoppe Food Market A & S Travel Center Travel Agency Couch Potato Restaurant Hot Pot Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Hotel & Motel Grocery & Convenience Store Barber Shop Tanning Salon Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

982
Businesses Nearby
359k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 34% Superstores 25% Dining 24% Groceries 16%
BJ's Wholesale Club Superstores
61,896 visits/mo 0.5 miles
Stop & Shop Groceries
56,947 visits/mo 0.3 miles
BJ's Gas Shops & Services
39,412 visits/mo 0.4 miles
Cumberland Farms Shops & Services
28,655 visits/mo 0.4 miles
Big Lots Superstores
27,732 visits/mo 0.0 miles

Demographics for 06492, CT

44,606
Population
19,603
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
1,121
Density / Sq Mi
$101,757
Median Household Income
$57,977
Median Earnings
$1,346
Median Rent
$328,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Wallingford Plaza offers shopping center retail space with Big Lots and Holiday Cinemas, plus parking for up to 922 cars.
Where is this shopping center located?
The property is located at 970 N Colony Rd Wallingford, CT.
What are key features of this property?
This property features: 8,300 SF shopping center retail space; Parking for 922 cars; Community shopping center parking for 180 cars
(312) 848-9440 Call to check price and availability
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