Stratford, CT Office and Industrial Commercial Real Estate
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Price
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225 Lordship Boulevard
225 Lordship Blvd
Stratford, CT
Lot Size:2.05Acres
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.
Sale:
$31,724
$31,724
2.05Acres
427-429 Honeyspot Rd
Stratford, CT
Building Size:4,053SF
Sale:
$450,000
$450,000
4,053SF
35 & 45 Mayfair Pl
Stratford, CT
Building Size:16,000SF
Sale:
$1,698,000
$1,698,000
16,000SF
6580 Main St
Stratford, CT
Location strong for commuters. Supporting amenities on site Elevator. Spaces have separate gas and electric meter.
Lease:
$6,402/month
$6,402/month
3,492 SF
2909 Main St
Stratford, CT
Building Size:21,462SF
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.
Sale:
$4,790,000
Lease:
$24,744/month
$4,790,000
Lease:
$24,744/month
14,485 SF
999 Oronoque Ln
Stratford, CT
Location strong for commuters. 3/1000 parking. Building upgrades are in process.
Lease:
$1,365 -
$28,240/month
$1,365 -
$28,240/month
910 SF -
18,827 SF
18,827 SF
700 Lordship Blvd
Stratford, CT
Building Size:8,400SF
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.
Sale:
$995,000
Lease:
$8,400/month
$995,000
Lease:
$8,400/month
8,400 SF
261 Masarik Ave
Stratford, CT
Building Size:4,290SF
Sale:
$475,000
$475,000
4,290SF
500 Ferry Blvd
Stratford, CT
Building Size:2,619SF
More info
2,619SF
88 Ryders Ln
Stratford, CT
4 way exchange to Merritt Parkway within view. Expanding Walk ways.
Lease:
$1,293 -
$10,605/month
$1,293 -
$10,605/month
862 SF -
3,492 SF
3,492 SF
60 Watson Blvd
Stratford, CT
Ideal for retail showroom, distribution and much more. Frontage on Lordship Blvd. Next to FedEx, UPS and Amazon.
Lease:
$4,798/month
$4,798/month
5,234 SF
1345 Barnum Ave
Stratford, CT
Located on busy Barnum Avenue (US-1) with great visibility and traffic counts. Located at traffic light adjacent to CVS.
More info
1,200 SF
305 Hathaway Dr
Stratford, CT
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.
Lease:
$9,964/month
$9,964/month
10,870 SF
365 Hathaway Dr
Stratford, CT
Building Size:5,000SF
Sale:
$780,000
$780,000
5,000SF
94 Dodge Ave
Stratford, CT
Building Size:7,652SF
Sale:
$800,000
$800,000
7,652SF
429 Honeyspot Rd
Stratford, CT
Building Size:4,053SF
Sale:
$450,000
$450,000
4,053SF
584 Surf Ave
Stratford, CT
Building Size:3,840SF
Sale:
$385,000
$385,000
3,840SF
305 Boston Avenue
305 Boston Ave
Stratford, CT
Lot Size:0.98Acres
Sale:
$1,650,000
$1,650,000
0.98Acres
740 Woodend Rd
Stratford, CT
Modern single tenant building with clear span. Ideal for warehouse or light industrial. Two drive in doors. Abundant parking. City water, sewer, & natural gas
Lease:
$3,410/month
$3,410/month
5,456 SF
2595 Main St
Stratford, CT
Building Size:7,551SF
Sale:
$949,500
$949,500
7,551SF
350 Long Beach Blvd
Stratford, CT
Building Size:55,200SF
Sale:
$5,768,153
$5,768,153
55,200SF
100 Hathaway Dr
Stratford, CT
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.
Lease:
$5,802/month
$5,802/month
5,802 SF
919 Stratford Avenue
919 Stratford Ave
Stratford, CT
Building Size:1,368SF
LOVELY FIRST FLOOR UNIT WITH PRIVATE BATHROOM, FONT AND REAR DOORS LEAD TO TWO PARKING AREAS
Sale:
$50,000
Lease:
$700/month
$50,000
Lease:
$700/month
684 SF
300 Honeyspot Rd
Stratford, CT
Lease:
$2,395 -
$4,583/month
$2,395 -
$4,583/month
2,875 SF
125 Masarik Ave
Stratford, CT
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
Sale:
$690,000
Lease:
More info
$690,000
Lease:
More info
6,000 SF
190 Charles St
Stratford, CT
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.
Lease:
$3,231/month
$3,231/month
5,745 SF
60 Watson Boulevard
60 Watson Blvd
Stratford, CT
Ideal for technical assembly, distribution, and production.
Lease:
$9,000/month
$9,000/month
18,000 SF
860 Honeyspot Road
860 Honeyspot Rd
Stratford, CT
16' Clear height. 3 Loading docks. Racks in place are available
Lease:
$9,112/month
$9,112/month
16,200 SF
53 Hancock Street
53 Hancock St
Stratford, CT
Lease:
More info
More info
More info
40 Mead Street
40 Mead St
Stratford, CT
More info
More info
720 Woodend Road
720 Woodend Rd
Stratford, CT
Building Size:8,195SF
Sale:
$685,000
$685,000
8,195SF
640 Access Road
640 Access Rd
Stratford, CT
More info
More info
2020 Stratford Avenue
2020 Stratford Ave
Stratford, CT
Lot Size:0.36Acres
Sale:
$469,000
$469,000
0.36Acres
187 Ferry Boulevard
187 Ferry Blvd
Stratford, CT
More info
More info
115 Bruce Avenue
115 Bruce Ave
Stratford, CT
More info
More info
3191 Broadbridge Avenue
3191 Broadbridge Ave
Stratford, CT
More info
More info
1110 Broadbridge Avenue
1110 Broadbridge Ave
Stratford, CT
More info
More info
2366 Main Street
2366 Main St
Stratford, CT
More info
More info
1525 Stratford Avenue
1525 Stratford Ave
Stratford, CT
More info
More info
3303 Main Street
3303 Main St
Stratford, CT
More info
More info
99 Hawley Lane
99 Hawley Ln
Stratford, CT
More info
More info
800 Barnum Avenue Cutoff
Stratford, CT
More info
More info
1465 Barnum Avenue
1465 Barnum Ave
Stratford, CT
More info
More info
2268 Main Street
2268 Main St
Stratford, CT
More info
More info
838 Woodend Road
838 Woodend Rd
Stratford, CT
Lot Size:0.23Acres
Sale:
$495,000
$495,000
0.23Acres
495 Lordship Boulevard
495 Lordship Blvd
Stratford, CT
More info
More info
200 Benton Street
200 Benton St
Stratford, CT
More info
More info
810 Access Road
810 Access Rd
Stratford, CT
More info
More info
5 Wellington Street
5 Wellington St
Stratford, CT
Building Size:4,752SF
Sale:
$479,000
$479,000
4,752SF
180 Garfield Avenue
180 Garfield Ave
Stratford, CT
Lot Size:1.22Acres
Sale:
$2,150,000
$2,150,000
1.22Acres
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Market Stats
Stratford has 98 commercial real estate spaces for lease, representing 1,740,350 sqft space. 57 buildings are available for sale.
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