447 Monroe Tpke Monroe, CT 06468
For Lease
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This exceptional Monroe, CT retail property, located at 447 Monroe Turnpike (Route 111), offers two available suites totaling 4,013 square feet. The building features a prime corner location providing excellent visibility and accessibility from the busy Monroe Turnpike. Each suite is adaptable to a variety of uses, including retail, medical, or restaurant establishments. Suite sizes are 2,075 square feet and 1,938 square feet, offering flexibility for businesses of varying scales. The property boasts ample parking with 120 on-site spaces, ensuring convenient access for customers and employees. This vibrant shopping center is already home to a diverse mix of established businesses, including Linda’s Story Time, Card Smart, Monroe Cleaners, Subway, and FM One Stop, creating a synergistic environment and attracting a steady flow of foot traffic. The asking rent is $24 per square foot. The property consists of one building with a total of two suites. This is a fantastic opportunity for businesses seeking a high-traffic location with strong visibility and ample parking in a thriving commercial area. Contact us today to learn more about leasing opportunities and secure your space in this desirable location. The property is situated in Monroe, CT, zip code 06468.
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Koko FitClub of Monroe Gym & Fitness Center
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Monroe Cleaners (Bike/Boat/Book/etc) Store
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Subway Restaurant Take-out & Catering
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Cardsmart (Bike/Boat/Book/etc) Store
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Linda'S Story Time (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B1 · Monroe, CTMonroe. Always verify with local authorities before improvements.
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.