Property History
Matthews Real Estate Investment Services™ is pleased to present Milford Square, an exceptional investment opportunity in a prime retail corridor. This 56,592 square-foot property is strategically located along the heavily trafficked Boston Post Road (U.S. Route 1), a premier retail destination with excellent visibility and accessibility. Anchored by REI, a nationally recognized outdoor retailer, the property benefits from strong brand recognition and steady foot traffic. Complementing REI are prominent national tenants Sleep Number and Jersey Mike’s Subs, further enhancing the asset’s tenant mix and its ability to attract a diverse customer base. The property’s location, within a densely populated and affluent market, ensures sustained consumer demand and long-term viability.
PRIME LOCATION IN A HIGH-TRAFFIC RETAIL CORRIDOR
Milford Square is strategically situated in Milford’s bustling retail corridor, along U.S. Route 1, which sees the traffic of over 22,000 vehicles per day. This highly trafficked thoroughfare serves as a primary retail destination in the region, attracting both local and regional shoppers. With excellent visibility and accessibility, the property benefits from a constant stream of consumer traffic, ensuring strong tenant performance and sustained demand for retail space.
STRONG TENANT MIX WITH NATIONAL RETAILERS
Anchored by the nationally recognized outdoor retailer REI, the property also features well-established brands such as Sleep Number and Jersey Mike’s Subs, as well as 16,000 SF of storage space. This mix of tenants not only ensures a diverse customer base but also provides a resilient income stream. The presence of strong national and regional tenants highlights the property’s ability to attract high-quality tenants with strong market appeal.
DYNAMIC RETAIL ECOSYSTEM
The asset is surrounded by a vibrant mix of national and regional retailers, including Costco, Whole Foods Market, and Target. This complementary tenant mix enhances the property’s position within the market, drawing consistent consumer traffic to the area. Additionally, nearby dining options and service-oriented businesses create a well-rounded shopping experience for customers, further solidifying the property’s value as a retail destination.
EXCELLENT REGIONAL CONNECTIVITY
Conveniently located near Interstate 95 and major highways, the property offers seamless access to the broader Milford region and beyond. This connectivity enhances the property’s appeal to both tenants and consumers, ensuring high levels of accessibility. The central location also provides proximity to densely populated residential areas with strong demographics, offering a steady customer base and supporting long-term retail success.
Loan History
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Comparable Properties
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