Technical
Financial
Distress signals
Property profile

200 Universal Dr N North Haven, CT 06473

FOR LEASE
Super regional malls
Property ID
US15-0593679
125,680 SF 10.7 ac lot Built 2004
Entity Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, the North Haven Pavilion, located at 200 Universal Dr N, North Haven, CT 06473, offers a unique investment opportunity in New Haven County. The shopping center boasts a total of 273,452 square feet of retail space, with multiple tenancies currently available. Spaces range from a minimum of 3,000 square feet to a maximum contiguous space of 7,821 square feet, providing flexibility for a variety of businesses. Currently, there are 15,409 square feet of vacant space ready for immediate occupancy. The property features ample parking, with a ratio of 5.5 spaces per 1,000 square feet of building area, ensuring convenient access for customers and employees. Its prime location in North Haven, Connecticut offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong community presence. The property is classified as a retail shopping center, providing a vibrant and established commercial environment. This is a rare opportunity to secure prime retail space in a thriving Connecticut market. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2004
Construction STEEL FRAME
Total area 125,680 SF
Lot 10.7 ac (466,092 SF)
Zoning code IL80
APN NRHV M:016 L:005
UPID US15-0593679

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
  • Restaurant
  • Cafe & Coffee Shop
  • Pharmacy
  • Grocery & Convenience Store Food Market
  • Mobile Phone Store Electronics & Wireless Store

Location

200 Universal Dr N North Haven, CT 06473
North Haven metro Census 167201 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.04M

Owner & transaction history

since 2003
1 recorded transaction
2003
$6.5M

Zoning & alternative use

IL80 · North Haven, 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?”
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