10 Hemingway Ave
Spaces
11,240 SF Retail building with existing drive-thru (former RiteAid). for Sale or Lease. 4-way signalized intersection of Short Beach Road (Route 142) and Coe Ave, and is in close proximity to the new proposed entrance to Tweed Airport on Proto Drive. ADT: 21,300 vehicles per day. New entrance to the airport will dramatically increase passenger flow by this property. 53 Parking spaces.
11,240 SF Retail Building with Drive-thru
Building description
O,R&L Commercial is pleased to present an 11,240 SF Retail building with existing drive-thru (former RiteAid) available for Lease or Sale located at 10 Hemingway Drive in East Haven, CT. The property has the strategic advantage of being located at the 4-way signalized intersection of Short Beach Road (Route 142) and Coe Ave, and is in close proximity to the new proposed entrance to Tweed Airport on Proto Drive. The location boasts an average daily traffic count (ADT) currently of 21,300 vehicles per day and the new entrance to the airport will dramatically increase passenger flow by this asset. With a drive-thru in place, this building is ideal for pharmacy, grocery, bank, medical or other various commercial uses with ample parking including 53 spaces. This property is ideal for investors seeking an opportunity to have a long-term tenant or owner occupiers building brand visibility in a rapidly evolving commercial corridor. Sale Price: $1,950,000 | Lease Rate: $15/SF NNN
Building highlights
11,240 SF Retail Building with Drive-thru
Former Rite-Aid on 1.28 Acres
53 Parking Spaces, 4.72/1,000
Located at 4-Way Intersection with Traffic Light
Current ADT: 21,300 Average Daily Traffic
Close Proximity to Tweed Airport’s proposed new entrance for added traffic flow!
Listing Contacts
Map
Property History
Similar Properties
Additional Information
Is there information that looks off?
