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New Construction Shopping Center
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990 Foxon Road, East Haven, CT 06513

Fully occupied retail property includes national food, service, banking, and electric-vehicle charging tenants.

Property Size10,863 SF
Lot Size2.08 Acres
Price / SF$1,024
Days on Market14

Property Features for 990 Foxon Road

General Information

Standard status Active
Size 10,863 SF
Class A
Lot size 2.08 Acres
Property subtype Retail
Occupancy 100%
Investment Type Stabilized
Net Operating Income $695,253

Site & Location

Anchor Co-Tenants Chipotle, Starbucks, Jersey Mike's, Five Guys, GoHealth Urgent Care, Bank of America
Highway Access Yes

Amenities

Electric Vehicle (EV) Charging Stations
Bank of America ATM

Building Details

Year Built 2026
Buildings 2
Stories 1
Units 5
Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Matthew Nadler · License #MA 134870
Source: Crexi
Added: Jul 29 Changed: Aug 11 Last Checked: Aug 9 at 5:31PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This new-construction shopping center contains 10,863 square feet on a 2.08-acre parcel and is scheduled for completion in 2026. The center is fully occupied by seven national tenants, including a freestanding Chipotle, an inline retail row with Starbucks, Jersey Mike’s, Five Guys, and GoHealth Urgent Care, plus a Bank of America ATM and EV charging stations operated by Fast Charge. Tenant agreements run for 10, 15, or 20 years and include renewal options with scheduled rent increases.

The property fronts Foxon Road, also designated CT Route 80, at a signalized intersection. Surrounding national retailers, restaurants, and densely populated residential communities support the commercial setting. Access extends to Interstates 91 and 95, US Routes 1 and 5, Downtown New Haven, Yale University, New Haven Harbor-area industrial and manufacturing clusters, and Tweed New Haven Airport.

Key Highlights

  • 10,863 square feet on a 2.08‑acre parcel
  • 100% occupied by seven national tenants
  • New construction scheduled for completion in 2026

Property Analytics

Current Use

Seasons Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Hair Salon

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

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
236k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 41% Dining 28% Shops & Services 20% Groceries 9%
Walmart Superstores
96,844 visits/mo 0.5 miles
Aldi Groceries
20,637 visits/mo 0.2 miles
Burger King Dining
14,508 visits/mo 0.2 miles
Taco Bell Dining
11,875 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,768 visits/mo 0.4 miles

Demographics for 06513, CT

38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
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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Similar Off Market Nearby

  • Quick-Tag Walmart Supercenter, 315 Foxon Blvd, New Haven, CT 06513
  • Coinstar Kiosk - Bitcoin ATM 745 Foxon Rd ShopRite, East Haven, CT 06513

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail property includes national food, service, banking, and electric-vehicle charging tenants.
Where is this shopping center located?
The property is located at 990 Foxon Road East Haven, CT.
What is the asking price?
The asking price for this property is $11,124,049.
What are key features of this property?
This property features: 10,863 square feet on a 2.08‑acre parcel; 100% occupied by seven national tenants; New construction scheduled for completion in 2026
More about this property
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