Colliers International | Hartford Investment Sales Team is pleased to exclusively offer the opportunity to acquire the leasehold interest in 589 Bridgeport Avenue in Milford CT, also known as Liberty Rock Shopping Center. The property is a 175,877 square foot multi-tenant neighborhood shopping center well located on Route 1 in Milford, Connecticut. The plaza serves as a daily destination shopping center for the Milford submarket with well-known national and regional tenants. K-Mart anchors the in-line shopping center space, along with tenants such as Ocean State Job Lot and Dollar Tree. Outparcels to the shopping center include a freestanding Walgreens and Taco Bell restaurant, as well as a small strip building on Route 1. The shopping center sits on 17.91 acres and is subject to a ground lease that expires in 2024 with four (4) ten (10) year options.
A call for offers is scheduled for Tuesday June 5.
Diverse tenant roster including K-Mart, Walgreens, Ocean State Job Lot, Dollar Tree, and Taco Bell
Well located neighborhood shopping center with excellent access on Route 1 near Interstate 95
Tremendous upside potential for experienced value add investor
18,300 traffic count at subject property and 55,885 population within three (3) miles
