Stratford, CT Commercial Real Estate

The Opportunity ​​​​​​​ The Self Storage Group of Colliers International is pleased to exclusively offer to qualified investors the opportunity to purchase the CubeSmart (managed) self storage property located at 225 Lordship Boulevard in Stratford, Connecticut. This newly constructed, 100% climate control facility is strategically located along the I-95 interstate highway corridor with interchange access from both directions less than .25 miles away. Over 120,000 vehicles per day pass by the Lordship Boulevard exit on I-95, while 22,000± vehicles per day pass directly in front of the property along Lordship Boulevard.  This CubeSmart facility was part of an overall redevelopment plan for the site where the former Stratford Hotel & Conference Center last operated in 2016. The developers (Empire Residential, LLC) purchased this site in late 2016 and have since converted the former 6-story hotel building into a 70-unit apartment facility (Empire 225). This luxury apartment facility, which opened in late 2019, is currently 100% leased. The redevelopment plan also included the 4-story CubeSmart self storage facility we are marketing herein as well as one or two commercial pads in front of the apartment complex. The construction of the CubeSmart facility is scheduled to be completed in early 2021 with certificate of occupancy expected in early to mid-February. This newly built structure is a 4-story, 100% climate control facility with 914 units ranging in size from 5’x5’ to 10’x30’. In addition, outside of the building and along the south property line there are 11 parking spaces available for rent. Not only will this new CubeSmart benefit from its excellent location just off of I-95, it will also benefit from the limited amount of self storage competition within a 3-miles radius. We calculate the 3-mile saturation to be 3.73 square feet per capita for exiting self storage space. This number increases slightly to 4.47 square feet per capita when accounting for proposed subject facility as well as others in the development pipeline. More importantly, Radius indicates there is a limited supply of existing climate control space within 3 miles of the subject (only .5 square feet per capita).  This asset is being offered for $17,950,000, which indicates a 6.58% cap rate based upon a stabilized NOI projection of $1,181,161. Ultimately, the purchaser of this CubeSmart will be acquiring a brand new, institutional quality asset that will compete very well in its market, especially considering the limited supply of competing self storage space.

Location strong for commuters. Supporting amenities on site Elevator. Spaces have separate gas and electric meter.

Three story modern medical building comprised of 21,462 total square feet on 1.04 acres of land. Easy access from I-95 exit 32 and within seven minutes to Merritt Parkway. Located on a bus route and within walking distance to restaurants, banking and the train station.

Location strong for commuters. 3/1000 parking. Building upgrades are in process.

Building is across from the new FEDX Ground facility and the Amazon.com distribution center, among many other commercial businesses. Space is ideal for retail, wholesale, distribution, automotive repair, much more.

4 way exchange to Merritt Parkway within view. Expanding Walk ways.

Ideal for retail showroom, distribution and much more. Frontage on Lordship Blvd. Next to FedEx, UPS and Amazon.

Located on busy Barnum Avenue (US-1) with great visibility and traffic counts. Located at traffic light adjacent to CVS.

10,870 SF of industrial/flex space with 11.5'-18.5' ceiling height and abundant parking. Previously occupied by a children's recreation facility, the space shares this 40,476 SF building with the Porter and Chester Institute. It is currently configured as two oversized rooms, three meeting rooms, three private offices, reception area, and two restrooms.

Modern single tenant building with clear span. Ideal for warehouse or light industrial. Two drive in doors. Abundant parking. City water, sewer, & natural gas

Prime commercial location situated in a concentrated retail market. Easy access on and off of I-95. High visibility center

1.13 acres of cleared & level land strategically located one-half mile off the exit ramp to I-95, Exit 30 (Lordship Boulevard). 273 linear feet of frontage on Lordship Boulevard and next to Dunkin’ Donuts. In a Light Industrial (MA) Zone with 50% maximum building coverage and 80% maximum impervious area that permits retail, office, indoor recreation, packaging and assembling, warehousing, laboratory and testing facilities, and others.

12 acres of cleared & level land strategically located one mile off the exit ramp to I-95, Exit 30 (Lordship Boulevard). This zone permits retail, office, indoor recreation, packaging and assembling, warehousing, laboratory and testing facilities, and others. Substantial site improvements include the extension of water, utility and sewer lines onto the property, and the infrastructure for a large retention pond and storm water trench drains.

2.3 acres of cleared & level land strategically located less than one mile off the exit ramp to I-95, Exit 30 (Lordship Boulevard). Substantial site improvements include the extension of water, utility and sewer lines onto the property, and the infrastructure for a large retention pond and storm water trench drains. Permitted uses include retail, office, indoor recreation, packaging and assembling, warehousing, laboratory and testing facilities, and others.

Industrial Property for Lease: 5,802 SF on .46 acres with 7 drive-in doors, one 2 ton hoist, and 12’ to 17′ ceiling heights. Ideal for an auto & truck repair shop. Located across from Frontier Communications and next to City Line Towing. Located .6 miles from the Coastal Link Bus Stop at Honeyspot Road and Benton Street, 1.2 miles from I-95, Exit 30 (Lordship Boulevard), and 1.5 miles from Sikorsky Memorial Airport.

LOVELY FIRST FLOOR UNIT WITH PRIVATE BATHROOM, FONT AND REAR DOORS LEAD TO TWO PARKING AREAS

Exterior facade is brand new, roof replaced in 2008. Gas heat, city sewer, city water. 14’ clear in shop, no columns, clear span, concrete floor. 400 amps, 3 phase, 4 wire, 120/208 volt

Single story block and steel, including 1,000 sq. ft. of offices. Parking, 20 + Truck facilities, 2 drive in doors, 8’x8’ and 10’x10’. Clear height, 12’ under the truss, Column space, minimal.

Ideal for technical assembly, distribution, and production.

16' Clear height. 3 Loading docks. Racks in place are available

Retail real estate located on the eastern edge of Fairfield County, with easy access to and visibility from I-95 with 125,000+ vehicles daily. Prime commercial location situated in a concentrated retail market, with close proximity to Westfield Connecticut Post, the state’s largest shopping destination and the only superregional center in New Haven County

Prime commercial location situated in a concentrated retail market, with close proximity to Westfield Connecticut Post, the state’s largest shopping destination and the only superregional center in New Haven County

Retail real estate located on the eastern edge of Fairfield County, with easy access to and visibility from I-95 with 121,000+ vehicles daily. Primte commercial location situated in a concentrated retail market, with close proximity to Westfield Connecticut Post, the state’s largest shopping destination and the only superregional center in New Haven County