Listing Agency: Levey Miller Maretz

Listed By: Shawn Reilly · License #CT RES.0760317

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:27AM

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Investment Insights

Based on property information with market context.

This conventional restaurant offering includes the business and the associated business condominium. The operation has been established for 34 years and serves a loyal repeat customer base. The property is located on Foxon Road in North Branford, Connecticut, with Route 80 identified as a nearby access corridor.

Key Highlights

• 34 years of established restaurant operations
• Business condominium offered with the operating business
• Loyal repeat customer base

Property Analytics

Current Use

Mc Grimley Laura ... Physician Golden Shears Hair Salon Sweet Pea Nails Nail Salon Supreme Seafood Restaurant Restaurant Mary Groth Physician

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply HVAC Service Law Firm Storage Facility

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

132

Businesses Nearby

22k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 55% Shops & Services 45%

Dunkin' Donuts Dining

11,987 visits/mo 0.5 miles

Dollar General Shops & Services

9,795 visits/mo 0.3 miles

Demographics for 06471, CT

7,195

Population

2,938

Households

2.4

Avg Household Size

48

Median Age

33%

College-Educated

96%

High-School Grad

8.9 sq mi

ZIP Area

808

Density / Sq Mi

$120,885

Median Household Income

$65,878

Median Earnings

$1,723

Median Rent

$364,900

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property offered with the operating business and an established customer base.

Where is this conventional restaurant located?

The property is located at 999 Foxon Road North Branford, CT.

What are key features of this property?

This property features: 34 years of established restaurant operations; Business condominium offered with the operating business; Loyal repeat customer base