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Property profile & analytics
FOR LEASE
Commercial real estate

1545 Monroe Tpke 1 Monroe, CT 06468

10.03 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US15-0001316
Property summary
AI-generated overview

This exceptional Class A retail property, situated on 40.18 acres at 1545 Monroe Turnpike, offers a unique opportunity for a variety of businesses. The 25,000 square foot, two-story building boasts a highly visible location at the intersection of Route 34 and Route 111, providing easy access to New Haven, Danbury, Trumbull, and Bridgeport. The property's strategic placement offers excellent exposure to a large customer base. Currently, 17,000 square feet of space is available for lease, ideal for a restaurant or other high-traffic businesses. The building features a 15-foot-high free-standing structure with concrete flooring and an impressive 800 Amp electrical service. Ample parking is available, a significant advantage for customers and employees. Its proximity to two boat launches on Lake Zoar adds to its appeal, making it suitable for businesses catering to recreational activities. The flexible space is adaptable to various uses, including but not limited to auto or boat dealerships, brew pubs, manufacturing, flex space, educational facilities, offices, and restaurants. Built in 1987, this property benefits from its established location and the owner's commitment to tenant success. The high visibility and convenient access from state roads make this a truly exceptional investment opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10.03 ac (436,907 SF)
APN MONR M:150 B:001 L:03
UPID US15-0001316
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
  • Zwally Hauling LLC. Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M
Owner & transaction history
Z End Of The Road LLC · 4 yrs held
Z End Of The Road LLC
since 2021
Last sale
$1.1M
1 recorded transaction
2021
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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