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Shopping Neighborhood

Manchester Parkade

346 Middle Turnpike W, Manchester, CT 06040

Listing Price: Request For Offer

Gross SF
301,317
Rentable SF
301,317
Lot Size
24.65 acres
Year Built
1956

Investment Overview

The Koury Group from Marcus & Millichap is pleased to exclusively present the opportunity to purchase the MANCHESTER PARKADE, a +/- 302,000 square foot Community Shopping Center located in Manchester, CT(the “Property”). Originally built in 1956 and 1960 and renovated in 1994 and 2018, the Property is situated on a 24.65-acre site with access to I-84 and I-384. The Property is currently 85% occupied by 44 tenants, including Planet Fitness, Dollar Tree, Rainbow, Armed Forces Recruiting Center, State of Connecticut Department of Children and Families, Joey’z Shopping Spree, and Bank of America pad-site. The Property is shadow anchored by the region’s dominant grocer Super Stop & Shop, which is located
immediately adjacent to Joey'z Shopping Spree.

Investment Highlights

  • Shadow anchored by the regions dominant Super Stop & Shop bringing 1.1M visits to the center benefitting the Tenants in the Parkade
  • Steady Cash flow from Diversified Income: Government leases, urgent care, Fitness, retail, restaurant, office and industrial uses.
  • Proximity to major highways & convenient access to I-84, I-384, RT. 44 and 10 Minute drive to Hartford.

Exclusively Listed By

  • Alex Quinn

    Senior Associate

    (617) 896-7284

    Email Alex

    License(s): MA: 9555660

    Boston

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7231

    Email James

    License(s): MA: 9010104, RI: REB.0014481, NH: 005566, ME: DB904355, CT: REB.0755412

    Boston

Financing By

Shopping Neighborhood

Manchester Parkade

Listing Price: Request For Offer

Gross SF
301,317
Rentable SF
301,317
Lot Size
24.65 acres
Year Built
1956

Investment Highlights

  • Shadow anchored by the regions dominant Super Stop & Shop bringing 1.1M visits to the center benefitting the Tenants in the Parkade
  • Steady Cash flow from Diversified Income: Government leases, urgent care, Fitness, retail, restaurant, office and industrial uses.
  • Proximity to major highways & convenient access to I-84, I-384, RT. 44 and 10 Minute drive to Hartford.

Investment Overview

The Koury Group from Marcus & Millichap is pleased to exclusively present the opportunity to purchase the MANCHESTER PARKADE, a +/- 302,000 square foot Community Shopping Center located in Manchester, CT(the “Property”). Originally built in 1956 and 1960 and renovated in 1994 and 2018, the Property is situated on a 24.65-acre site with access to I-84 and I-384. The Property is currently 85% occupied by 44 tenants, including Planet Fitness, Dollar Tree, Rainbow, Armed Forces Recruiting Center, State of Connecticut Department of Children and Families, Joey’z Shopping Spree, and Bank of America pad-site. The Property is shadow anchored by the region’s dominant grocer Super Stop & Shop, which is located immediately adjacent to Joey'z Shopping Spree.

Exclusively Listed By

  • Alex Quinn

    Senior Associate

    (617) 896-7284

    Email Alex

    License(s): MA: 9555660

    Boston

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7231

    Email James

    License(s): MA: 9010104, RI: REB.0014481, NH: 005566, ME: DB904355, CT: REB.0755412

    Boston

Financing By

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