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209 Hale Rd
Manchester, CT 06042
Vacant TGI Fridays · Retail Property For Sale
Investment Highlights
- VERSATILE ZONING
- HIGH TRAFFIC COUNTS
- VACANT
- STRATEGIC RETAIL LOCATION
- STRONG DEMOGRAPHICS
- LEASE OPTION AVAILABLE
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a vacant single-tenant investment property located at 209 Hale Road in Manchester, Connecticut (the “Property”). The Property consists of a 7,372 square foot freestanding building with approximately 700 feet of frontage along Hale Road on a 109,771 square foot (2.52-acre) parcel of land. The Property is zoned CUD Comprehensive Urban Development, one of the most versatile designations in Manchester. The Property was previously occupied by TGI Fridays.
The Property is situated along Hale Road, one of two primary entrances to the Shoppes at Buckland Hills (139+ stores, 1.18 million SF), and several other large-scale shopping centers. The Property enjoys outstanding visibility and two points of entry along Hale Road and Slater Road. The Property shares its entrance with a Courtyard by Marriot (86 rooms) and a Residence Inn by Marriot (96 rooms) and is adjacent to two luxury apartment complexes with more than 1,050 apartments. The property is less than one mile from I-84, which has average daily traffic counts in excess of 126,100 vehicles per day.
The Property is situated along Hale Road, one of two primary entrances to the Shoppes at Buckland Hills (139+ stores, 1.18 million SF), and several other large-scale shopping centers. The Property enjoys outstanding visibility and two points of entry along Hale Road and Slater Road. The Property shares its entrance with a Courtyard by Marriot (86 rooms) and a Residence Inn by Marriot (96 rooms) and is adjacent to two luxury apartment complexes with more than 1,050 apartments. The property is less than one mile from I-84, which has average daily traffic counts in excess of 126,100 vehicles per day.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,732 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.52 AC
Zoning
CUD - A Comprehensive Urban Development zone allows planned development of various types of commercial, industrial and residential land uses.
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | MANC-000055-002630-000209 | Improvements Assessment | $983,991 CAD |
| Land Assessment | $1,001,597 CAD | Total Assessment | $1,985,588 CAD |
Property Taxes
Parcel Number
MANC-000055-002630-000209
Land Assessment
$1,001,597 CAD
Improvements Assessment
$983,991 CAD
Total Assessment
$1,985,588 CAD
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