Connecticut Retail - $1.03M NOI on Boston Post Road
67,900 SF | Highly Sought After Milford, CT Trade Area
Marketing description
Marcus & Millichap – French Retail Team is pleased to present 1212 Boston Post Road, a 67,900‑square‑foot multi‑tenant retail asset in Milford, CT. The property is fully occupied by national retailers including Ashley Furniture, Old Navy, and DXL.
Positioned along the highly trafficked Boston Post Road—Milford’s “miracle mile”—the center benefits from exceptional visibility and proximity to one of the region’s strongest retail corridors.
The asset delivers a stable in‑place Net Operating Income of $1,033,000 for the 2027 annualized period, supported by a weighted average lease term of 5.8 years and contractual rent increases across the tenant lineup.
With durable cash flow, a prime location, and strong surrounding retail demand drivers, 1212 Boston Post Road represents a high‑quality core retail investment opportunity within one of Connecticut’s most established trade areas.
Investment highlights
- Prime Core Retail Investment Opportunity
- Strategic Boston Post Road Retail Corridor
- Stable In-Place Income & Secure Cash Flow
- Structural Competitive Advantage
- Market Confidence & Leasing Activity
- 100% Occupancy | 5.8 Years WALT
- Connecticut's No. 1 Ashley Anchors the Asset
- Adjacent Mall Redevelopment
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