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1360 Boston Post Rd

11,043 SF of Retail Space Available in Milford, CT 06460

Highlights

  • Great location with traffic count of over 22,000 vehicles daily.
  • Located less than 2 miles form the Milford Station Commuter Rail Station.
  • Property has 4.26 to 1000 parking ratio.
  • Located near major brands including Stop and Shop and Bank of America.

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 11,043 SF
  • Negotiable
  • £17.21 /SF/PA £1.43 /SF/MO £185.29 /m²/PA £15.44 /m²/MO £190,093 /PA £15,841 /MO
  • Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Formerly used as a pharmacy space. Ideal for multiple retail uses and possibilities.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
Space Size Term Rent Service Type
1st Floor 11,043 SF Negotiable £17.21 /SF/PA £1.43 /SF/MO £185.29 /m²/PA £15.44 /m²/MO £190,093 /PA £15,841 /MO Triple Net

1st Floor

Size
11,043 SF
Term
Negotiable
Rent
£17.21 /SF/PA £1.43 /SF/MO £185.29 /m²/PA £15.44 /m²/MO £190,093 /PA £15,841 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Formerly used as a pharmacy space. Ideal for multiple retail uses and possibilities.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 1360 Boston Post Rd , Milford, CT 06460

Property Type Retail
Property Subtype Freestanding
Gross Internal Area 11,043 SF
Year Built/Renovated 1998/2015
Parking Ratio 4.26/1,000 SF
Cross Streets Red Bush Ln

About the Property

One story brick building former drug store location with plenty of on site parking.

  • Signage

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
4,579
50,079
121,972
179,315
2029 Population
4,582
50,373
122,343
178,630
2024-2029 Projected Population Growth
0.1%
0.6%
0.3%
-0.4%
Median Age
47.9
46.9
44.8
42.6
College Degree + Higher
43%
46%
40%
21%
Daytime Employees
8,493
37,912
73,284
98,591
Total Businesses
658
4,223
7,447
11,175
Average Household Income
$133,904
$129,201
$117,433
$110,327
Median Household Income
$104,775
$102,923
$93,709
$87,328
Total Consumer Spending
$74.2M
$801.7M
$1.8B
$2.4B
2024 Households
1,884
21,075
49,498
71,009
Average Home Value
$389,103
$423,627
$377,765
$353,723
$ values in USD

Nearby Major Retailers

Bank of America
TD Bank
Boston Market
Chili's Grill & Bar
Little Tokyo
Buffalo Wild Wings
LA Fitness
Johnny Rockets
Stop & Shop Supermarkets
Whole Foods
  • Listing ID: 30864826

  • Date on Market: 03/02/2024

  • Last Updated:

  • Address: 1360 Boston Post Rd, Milford, CT 06460

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