Property profile

1245 Dixwell Ave Hamden, CT 06514

FOR LEASE
Industrial properties
Property ID
US15-0136700
12.35 ac lot
Individually Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1245 Dixwell Avenue in Hamden, Connecticut, zip code 06514. The property, known as Putnam Place, offers three available retail spaces ranging in size from 1,900 square feet to 12,639 square feet, perfect for a variety of businesses. This bustling retail center benefits from a strong tenant mix, ensuring high foot traffic and visibility. Established national and local brands already present include Porter & Chester Technical Institute, CVS, Family Dollar, Rainbow Apparel, Citi Trends, and Funz Trampoline Park, creating a vibrant and attractive shopping destination. The property's prime location on Dixwell Avenue in Hamden provides excellent access for customers and employees. The available spaces are ideal for businesses seeking high visibility and a strong customer base within a well-established retail environment. This is a rare opportunity to secure retail space in a thriving center with a proven track record of success. The property's multiple space options allow for flexibility to accommodate various business needs and expansion plans. Interested parties are encouraged to inquire for further details and availability. The property is situated at latitude 41.3472084 and longitude -72.9314499.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot 12.35 ac (537,967 SF)
Zoning code T4T5
APN HAMD M:2226 B:025 L:00-0000
UPID US15-0136700

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Vocational School Training Center
  • Tax Preparation
  • Discount Store
  • Bank Credit Union

Location

1245 Dixwell Ave Hamden, CT 06514
Hamden metro Census 165600 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2005
5 recorded transactions
2023
Price N/A
2018
Price N/A
2005
$16.8M
1999
Price N/A
1989
Price N/A

Zoning & alternative use

T4T5 · Hamden, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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