Ansonia Landing | Shopping Center
Value-Add 91,447 SF Shopping Center | Dark Stop & Shop Through Jan-28 | Ansonia, CT
Marketing description
Atlantic Capital Partners has been exclusively engaged to market for sale Ansonia Landing, a Stop & Shop (dark) anchored strip center located in Ansonia, CT. Situated in a densely populated area just 15 minutes from downtown New Haven, the asset offers a tremendous value-add opportunity to reimagine one of the most significant parcels along this major corridor. Ansonia Landing is a 10.33- acre parcel, strategically located near both Yale University and University of New Haven, with a local population of over 56,000 people within a 3-mile radius earning over $95,000 per year.
Totaling 91,447 SF, Ansonia Landing features a dark Stop & Shop with a short-term lease through January 2028, affording future ownership nearterm cash flow as they reposition the center. The site benefits from immediate highway access where Route 8 sees over 32,000 VPD, ensuring dominant visibility and convenient regional connectivity
Investment highlights
SHORT-TERM TENANT
The offering features a short-term lease to a dark Stop & Shop through January 2028, affording future ownership near-term cash flow while re-positioning the asset for its future use.
PREMIER VALUE-ADD OPPORTUNITY
A 10.33-acre site situated at 100 Division Street with C (Central Commercial) zoning. This designation offers a distinct competitive advantage by permitting high-demand uses. This rare combination of uses provides future ownership a variety of opportunities to reposition the stand-alone building formerly occupied by Stop & Shop.
ROUTE 8 & DIVISION STREET
The asset is strategically located at the heavily traveled interchange of Route 8 and Division Street, a primary commercial corridor in the Naugatuck Valley. The site benefits from immediate highway access (Exit 13A) where Route 8 sees over 32,000 VPD, ensuring dominant visibility and convenient regional connectivity.
UNMATCHED LOCAL DEMOGRAPHICS
Locally, the asset features three-mile demographics of 56,881 people with an Average Household Income (AHHI) of $95,520, and five mile demographics of 96,909 people with an AHHI of $114,997.
MINUTES FROM DOWNTOWN NEW HAVEN
Located just 15 minutes from Downtown New Haven, and a short drive from both Yale University and the University of New Haven, this site offers investors an extremely unique opportunity for a variety of large-format users.
VALUE CREATION VIA ANCHOR REPOSITIONING
The upcoming expiration of the Stop & Shop lease in January 2028 offers a strategic path to immediate value creation. By recapturing the anchor box and executing a mark-to-market leasing strategy with a new tenant, ownership can significantly increase rental revenue and drive NOI growth.
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