1545 Monroe Tpke 1 Monroe, CT 06468
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.
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Zwally Hauling LLC. Trucking Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.