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Shopping Strip

Bull Hill Center

221 Bull Hill Ln, West Haven, CT 06516

Listing Price: $4,333,763

Cap Rate
8.00%
Gross SF
37,100
Rentable SF
37,100
Price/Gross SF
$116.81
Lot Size
2.58 acres
Year Built
1988

Investment Overview

Tenant Roster Highlights: Retail, Service-Oriented Tenant Roster • Bull Hill Center is anchored by a Tutor Time Learning Center, which has been operating on the Premises since 1997, demonstrating a successful track record & commitment to the site • Other Internet resistant and service-based tenants include a Laundromat Tenant, Dance Studio Operator, Liquor Retailer, and Battlezone – an Army & Navy Surplus location Location Highlights: Proximity to National, Credit Tenants • Bill Hill Center is located minutes from Amazon’s newest CT Fulfillment Center; additional nearby national tenants include Walmart, Target, Kohl’s, Best Buy, ShopRite, and ALDI • This asset shares a Property Line with ShopRite, which generates approximately 1.12 Million Annual Visits in Foot Traffic (Placer.ai) – ranking as one of the top performing locations in the State Proximal to Key Transportation Hubs • The asset is located minutes from the brand-new Metro-North Rail Station, which provides convenient access to major metropolitans throughout the Northeast • Strategically located less than a mile from I-95 – the most traveled interstate in the region Healthy Demographics • Bull Hill Center is strategically positioned in a very dense submarket with over 190K Residents having an Average Household Income of $87K within a (5)-Mile Trade Radius Irreplaceable Real Estate • Local Universities – The Subject Site sits just (2) miles from the University of New Haven campus (7,000 Students) & Yale West Campus (3,500 Students) • New Construction – Less than (3)-miles away from “The Haven” – a $200 million, 260,000+ square foot, newly constructed waterfront shopping & dining destination slated to bring 1,200 jobs to the area. The complex is expected to host (80) luxury retailers & a multitude of restaurants • Hospitals – The Property is just over a mile from the VA Connecticut Healthcare System, a (216)-Bed Acute Care Facility which employs over 750 staff members

Investment Highlights

  • Stabilized Strip Center featuring National and Local Tenants
  • Real Estate in Highly Sought-After Submarket – New Haven County, CT
  • Located directly off Boston Post Road, the Prominent Retail Corridor in the State
  • Strong Real Estate Fundamentals with Opportunistic Upside Potential

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s) CT: REB.0752012

    Connecticut

Financing By

Listing Price: $4,333,763

Cap Rate
8.00%
Gross SF
37,100
Rentable SF
37,100
Price/Gross SF
$116.81
Lot Size
2.58 acres
Year Built
1988

Investment Highlights

  • Stabilized Strip Center featuring National and Local Tenants
  • Real Estate in Highly Sought-After Submarket – New Haven County, CT
  • Located directly off Boston Post Road, the Prominent Retail Corridor in the State
  • Strong Real Estate Fundamentals with Opportunistic Upside Potential

Investment Overview

Tenant Roster Highlights: Retail, Service-Oriented Tenant Roster • Bull Hill Center is anchored by a Tutor Time Learning Center, which has been operating on the Premises since 1997, demonstrating a successful track record & commitment to the site • Other Internet resistant and service-based tenants include a Laundromat Tenant, Dance Studio Operator, Liquor Retailer, and Battlezone – an Army & Navy Surplus location Location Highlights: Proximity to National, Credit Tenants • Bill Hill Center is located minutes from Amazon’s newest CT Fulfillment Center; additional nearby national tenants include Walmart, Target, Kohl’s, Best Buy, ShopRite, and ALDI • This asset shares a Property Line with ShopRite, which generates approximately 1.12 Million Annual Visits in Foot Traffic (Placer.ai) – ranking as one of the top performing locations in the State Proximal to Key Transportation Hubs • The asset is located minutes from the brand-new Metro-North Rail Station, which provides convenient access to major metropolitans throughout the Northeast • Strategically located less than a mile from I-95 – the most traveled interstate in the region Healthy Demographics • Bull Hill Center is strategically positioned in a very dense submarket with over 190K Residents having an Average Household Income of $87K within a (5)-Mile Trade Radius Irreplaceable Real Estate • Local Universities – The Subject Site sits just (2) miles from the University of New Haven campus (7,000 Students) & Yale West Campus (3,500 Students) • New Construction – Less than (3)-miles away from “The Haven” – a $200 million, 260,000+ square foot, newly constructed waterfront shopping & dining destination slated to bring 1,200 jobs to the area. The complex is expected to host (80) luxury retailers & a multitude of restaurants • Hospitals – The Property is just over a mile from the VA Connecticut Healthcare System, a (216)-Bed Acute Care Facility which employs over 750 staff members

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s): CT: REB.0752012

    Connecticut

Financing By

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