Shopping Neighborhood
Manchester Parkade
346 Middle Turnpike W, Manchester, CT 06040
Listing Price: Request For Offer
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.
Manchester Parkade
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.
Listing Price: Request For Offer
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.
