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Property profile & analytics
FOR LEASE
Super regional malls

200 Universal Dr N North Haven, CT 06473

125,680 SF 10.7 ac lot Built 2004
Entity Owned 22-yr Hold Free & Clear
Property ID
US15-0593679
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pizza Hut Express Restaurant
  • Starbucks Cafe & Coffee Shop
  • CVS Pharmacy Pharmacy
  • Target Grocery Grocery & Convenience Store Food Market
  • Target Mobile Mobile Phone Store Electronics & Wireless Store
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
Target Corp · 22 yrs held
Target Corp
since 2003
1 recorded transaction
2003
$6.5M
Zoning & alternative use
IL80 · North Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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