Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 933 FoxonRd, East Haven, Connecticut (the “Property”). The building is a multi-tenant retail strip center. The subject property, constructed in 1962, is well located along CT Route 80/FoxonRoad, one of Connecticut’s main retail corridors with a daily traffic count of 26,000 vehicles per day. Neighboring retailers include Walmart Supercenter, Lowes, Walgreens, Auto Zone, Advanced Auto Parts, Aldi, Planet Fitness, Dollar Tree, ShopRite, Ocean State Job Lots, Dunkin’ Donuts, and several casual restaurants including Route 80 Café, KFC, Subway, Dominos, McDonald’sand more. There is a density of single family and multi-familyresidential units within a mile of 933 FoxonRd. In addition to the prominence of the national, regional, and local commercial neighbors, the property is well situated one-mile from the entrance to Interstate 91 providing easy access and accessibility. Recent capital improvements include six new HVAC units, camera-surveillance system, façade, and exterior wall-mounted signage. Private level surface parking is available on-site. 933 FoxonRd is a lucrative investment opportunity with stable, long-term tenants and potential for additional value through vacant warehouse units, each roughly 900 square feet. Thetriple net leases and annual escalations ensure consistent cash-flow, making it an attractive prospect for investors. With the option to lease the warehouse spaces to light industrial tenants such as trade contractors or cabinet makers, there’s room for further income generation.