430 Buckland Hills Dr, Manchester, CT 06042

2 Retail Properties in Manchester, CT

Property Type: Retail

Listing Contacts

Property Info

Property Overview

Atlantic Capital Partners has been exclusively engaged to market for sale Crossroads III, a 67,706 SF Walmart shadow-anchored shopping center, located in Manchester, CT, and part of the Manchester Collection Shopping Center. Crossroads III is presently 100% leased to two long-term retail tenants and one specialty lease with 7.7 years of weighted average lease term remaining (63% leased excluding the specialty lease). The asset, which features a recently executed 10-year extension with Savers, offers investors the stability of a long-term anchor lease with significant future upside afforded by the mark to market opportunity to re-lease the 24,812 space which was previously leased to Ashley’s Furniture and is currently leased to the U.S. Furniture specialty tenant.

Highlights

Shadow-Anchored By #1 Walmart in CT
Fully Occupied With Opportunity to Recapture 24,812 SF in Short-Term
High-Volume Savers With Recent Long-Term Extension
Strategically Situated Within a Super Regional Retail Node
Affluent Trade Area - 131K People / $112K AHHI (5-MI)
Offered Below Replacement Cost

Nearby Properties

Buckland Hills Portfolio

2 Retail Properties in Manchester, CT

430 Buckland Hills Dr
Manchester, CT 06042

View Details
$11,375,000

Ashley & Urban Air

93,251 SF | 100% Leased | Retail Building | Manchester, CT 06042 | $11,375,000 ($122/SF) | 8% Cap Rate

200-220 Hale Rd
Manchester, CT 06042

View Details
$3,333,333

Curaleaf

4,322 SF | Retail Building | Manchester, CT 06042 | $3,333,333 ($771/SF) | 7.50% Cap Rate

240 Buckland St
Manchester, CT 06042

View Details
$13,785,714

Club Studio (LA Fitness)

43,419 SF | Retail Building | South Windsor, CT 06074 | $13,785,714 ($318/SF) | 7% Cap Rate

100 Cedar Ave
South Windsor, CT 06074

View Details
$274,900

Building 600

1,400 SF Office Condo Unit Offered at $274,900 in South Windsor, CT 06074

85 Felt Rd
South Windsor, CT 06074

View Details
54,156 SF | Industrial Building | Manchester, CT 06042 | For Sale

186 Adams St
Manchester, CT 06042

View Details
$11,399,999

Apex Townhomes

37 Unit Apartment Building | $11,399,999 ($308,108/Unit) | Manchester, CT 06042

31-1 Lillian Dr
Manchester, CT 06042

View Details

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