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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1451 Whalley Ave New Haven, CT 06515

36,505 SF 5.5 ac lot Built 1996
Property ID
Property summary
AI-generated overview

Whalley Commons offers a prime retail opportunity in a thriving location at the intersection of Amity Road and Litchfield Turnpike. This multi-tenant property comprises three single-story buildings totaling 36,505 square feet on a 5.5-acre lot, built in 1996. The property currently houses a diverse mix of tenants, including a post office and several medical offices (ophthalmology, orthopedics, blood draw, and general medical). A significant portion of the space, approximately 13,900 square feet, will become available on January 1, 2025, following the departure of a Walgreens. Currently, 2,000 square feet of retail space is immediately available, offering flexible options ranging from 2,000 to 13,900 contiguous square feet. The available space features attractive finishes including new flooring, a renovated bathroom, and a drop ceiling. It was previously occupied by a smoke shop. The property boasts ample parking with 180 spaces and benefits from three-phase power. The property is comprised of eight total suites. Annual property taxes are $4.40 per square foot. This location presents a unique opportunity for businesses seeking high visibility and convenient access. The diverse tenant mix creates a vibrant atmosphere, attracting a wide range of customers.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1996
Total area 36,505 SF
Lot 5.5 ac (239,580 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kari Restaurant Restaurant
  • tk plus (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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